Kerman Province Attracts $227mn in Foreign Investment

Date: 17 September 2025 - 21:58

News ID: ۱۴۳۶۳۸

TEHRAN - The governor-general of Kerman province in southeastern Iran   Muhammad Ali Talebi has announced that the foreign countries have invested over $227 million in the province in the past 5 months.
Kerman province has attracted the attention of foreign investors and has allocated a significant volume of investment in the mining and industrial sectors, and this trend indicates the improvement of the business environment and the increase in the attractiveness of Kerman province for investment.
Also, paying attention to the innovation category and the role of knowledge-based companies in meeting the needs of large industries are other key development axes in Kerman province.
“The province has attracted $227 million in foreign investment over the past five months, ranking first and foremost in the country,” Talebi told media.
Relevant reports said in 2024 that over $80 billion had been invested in plans and projects since the establishment of the South Pars Oil and Gas Company (POGC) in 1998 to develop the shared South Pars gas field which.
“The most important asset of the company is the massive accumulation of project management knowledge in it, and we hope to use it to overcome the challenges facing projects and adequately meet the country’s gas needs,” said Hamidreza Masoudi, the acting deputy for development projects at the company.
The South Pars gas field (known as the North Dome on the Qatari side) is one of the largest gas fields in the world. It is located 100 kilometers off the southern coast of Iran in the Persian Gulf and is shared between Iran and Qatar. The field covers an area of 9,700 square kilometers.
Estimates indicate that the shared South Pars gas field contains 14.2 trillion cubic meters of gas in place (equivalent to 8% of the world’s total gas reserves and 47% of Iran’s known gas reserves) and 19 billion barrels of condensates. The field also holds 7.5 billion barrels of crude oil in its oil layers and is endowed with the world’s largest helium source, giving it a unique position in the country’s economy.