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Iran woos Singapore firms to invest in infrastructure projects

Published Fri, May 20, 2016 · 09:50 PM

Singapore

IRAN is reaching out to businesses in Singapore for investments of up to US$1 trillion in infrastructure projects over the next 10 years.

Visiting Minister of Cooperatives, Labour and Welfare Ali Rabiei flagged property as a highlight in the said infrastructure development that is open to foreign direct investments (FDI). He was addressing business leaders at Singapore Business Federation's (SBF) Iran-Singapore Forum.

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