Iran News ...


5/20/06

Iran Emphasizes on Presence of Foreign Investors Service

TEHRAN, May 19 (ISNA) - The presence of foreign investors in Iran's stock market will lead to low-price financial resources.

Iran's Stock Organization chief, Ali Salehabadi while commenting that foreign investor's expected efficiency was lower than Iranian investors, added that their presence would cause Iranian companies to gain access to low- price financial resources.

"Foreign investments can enforce internal production capacity, internal gross domestic production and economic welfare," said this official.

Salehabadi while stating that foreign investors demanded more comprehensive information, pointed out that their presence would result in further international attention to Tehran's stock market, which this in itself would be a good advertisement for Iranian famous companies, facilitate marketing and increase the export of non-oil products.

... Payvand News - 5/20/06 ... --



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