|
Iran attracted the second largest portion of foreign direct investment (FDI) flows in South Asia in 2012, United Nations Conference on Trade and Development (UNCTAD) reported. According to UNCTAD’s World Investment Report (WIR) 2013, India stands on top of the list, absorbing 10 billion dollars worth of FDI flows into its economy while Bangladesh ranked third among the South Asian countries with its FDI inflows amounting to less than 1 billion dollars. Iran’s FDI inflows in 2012, the report added, surpassed a record high of 5 billion dollars, 17 percent higher than similar figures for 2011. According to the figures released by UNCTAD, the total amount of FDI flows in South Asia grew by 24 percent in 2012 to 34 billion dollars while the global FDI flows dropped by 18 percent to 1.35 trillion dollars over the same period. Irans FDI stocks in the year 2012 was 37 billion Dollars (inward), while Irans FDI stocks (ourward) were 3 billion dollars. |