Hosseini put the amount of current NDF reserves at USD 27 billion, saying, “About 20 percent of this amount has been allocated to foreign investors” for participating in the country's economic projects.
He went on to say that the country has paved the way for a more active cooperation of the private sector in various economic plans nationwide.
Earlier in October, Hosseini said the country attracted USD 3.773 billion in foreign investment in the previous Iranian calendar year (ended March 20, 2011).
The official also assured foreign investors of the safety of investing in the Islamic Republic.
“The country's political conditions are appropriate for attracting foreign investment,” Hosseini said, adding that Iran has prepared the grounds to facilitate investment in the country.
Iran also attracted USD 3 billion in foreign investment in 2009, becoming one of the top six countries in the world with the highest foreign investment attraction rates
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