“The Ministry of Housing and Urban Development is preparing for a large population who need settlement and public works. Attraction of foreign investment and joint ventures are certainly being taken into account for this purpose.”

“It is very interesting to know that the formalities for foreign investments take only 48 hours in China, while in Iran, they may take one year. When a foreign investor accepts all the risks to invest in Iran, there is no reason to keep him waiting for such a long time.”

“Iran has considerable potential in the Caspian Sea to discover and produce oil and gas from giant fields, with scope for more than 10 billion barrels of oil reserves and 20 trillion cubic feet of gas reserves.”

“I see more jobs and more long-term benefits in the Iranian mining industry than in the oil and gas. There is much more infrastructure and larger transfer of expertise that will go into place in the mining industry.”

“The Iranian steel industry faces such responsibilities as supplying the domestic demands, completing the steel production cycle and boosting non-oil exports. These can be achieved through a combination of endeavor and international cooperation.”

“I think Iran is becoming the most attractive place for business in the future. In a decade, I see Iran as the leader of this region financially; as the hub for regional trade into the CIS countries.”

“The rules and regulations for foreign investment in the Iranian mining code are yet to be completely clear and precise. Security of investment and security of licensing are areas where we need further discussion. We continue to be optimistic, but we are realistic.”

“Iran will have a significant place in our policies this year. This is demonstrated by the fact that one-third of all our guarantees go to Iranian projects. In its relations with Iran, SACE favors a continued trend.”