27 July 2016 - 06:46
  • News ID: 265808

Capital Inflow Should Be Coupled with Technology Transfer

Capital Inflow Should Be Coupled with Technology Transfer

TEHRAN, July 27 (Shana) – The Adviser to Head of the Privatization Organization Jafar Sobhani said on Tuesday that inflow of foreign capital will consolidate sustainable economic development but entry of the capital should be coupled with import of necessary know-how and technology.

Sobhani said since removal of sanctions, foreign investors have voiced willingness to bring in their capital to Iran for investment and their capital inflow should be coupled with import of related know-how.

This will help economic development, progress and consolidation of the private sector, he added.

The official said now the possibility is available for full ownership of stocks of an industrial company by both legal and real entities. 

News ID 265808

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