Iran’s inward foreign direct investment has grown only slowly since the January 2016 lifting of key international sanctions.

Though a slew of provisional agreements with foreign firms have been signed during the current 2016-17 Iranian year ending 20 March, few of these have so far translated into actual investment – a key reason Tehran has spent less than 30% of the year’s infrastructure budget (MEES, 17 March). (CONTINUED - 354 WORDS)