Friday 29 March 2024
 
»
 
»
Story

Russian firms see $40bn investment potential in Iran

TEHRAN, December 22, 2016

Russian companies could invest up to $40 billion in Iranian projects within the next decade, a top Russian government official was quoted as saying in an Iran Daily report.

Major companies such as Tekhnopromexport, Russian Railways, Zarubezhneft, Inter RAO and Power Machines are actively planning to enter the Iranian market, explained Alexander Tsybulsky, Russia's deputy economic development minister.

Gazprom, Rosneft, Rosseti, RusHydro, Gazprom Neft, Inter RAO Export and Novatek companies are also currently studying options for investments in Iran, he added.

The Federation Council, Federation Council (upper chamber of Russia's Parliament),  concluded yesterday (December 21) a federal draft law on ratification of the Iran-Russia agreement on promoting and mutually safeguarding investments by the two sides, the report said.




Tags: Russia |

More Construction & Real Estate Stories

calendarCalendar of Events

Ads