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Iran Needs Annual $400 Billion in Foreign Investment, Donya Says

Iran needs an annual $400 billion in foreign direct investment to meet its objective of 8 percent economic growth by 2015, Donya-e-Eqtesad reported, citing Deputy Economy Minister Behrouz Alishiri.

Iran can’t meet its growth goals with the funds it has at its disposal and needs alternative ways of financing projects, Alishiri said, according to the Tehran-based newspaper.

To contact the reporter on this story: Ladane Nasseri in Dubai at lnasseri@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net

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