MillionaireAsia Announces the 1st Iran Investment Summit to Take Place in Singapore on 26 October 2016

SINGAPORE, Oct. 17, 2016 /PRNewswire/ -- For the first time since lifted sanctions, Asian investors will have the chance to gain privileged access to bankable projects in Iran as the country opens its doors to foreign investment.

MillionaireAsia will organize the inaugural 1^st Iran Investment Summit to be held in Singapore on 26 October 2016 in collaboration with Basio Consultants & Services Ltd (Hong Kong), and endorsed by the Government of the Islamic Republic of Iran. Facilitated by His Excellency Javad Ansari, the Iranian Ambassador to Singapore, an extensive delegation from the country will be heading to Singapore, led by Keynote Speaker H.E. Dr Valiollah Seif, Central Bank Governor, Islamic Republic of Iran. Other members of the special delegation include Dr Ahmad Jamali, Director General, Foreign Investment, Invest in Iran, Sadegh Ghafouri, Expert in Foreign Economic Relations, Ministry of Economic Affairs & Finance Organization for Investment Economic & Technical Assistance of the Islamic Republic of Iran (OIETAI), and Iranian private enterprises.

The Iranian delegation will be seeking foreign investors for a wide range of bankable projects in the country, ranging from theme parks and resorts, township development and science & technology parks, marine, petrochemical, waste water treatment, aviation, container shipping, copper processing plant, lead and zinc production plant and more. The project deal sizes range from USD5 million to over USD200 million. Apart from Singapore, investors from Hong Kong, Malaysia and Indonesia are also expected at the event. Tech will also be an important subject at the summit with Fintech company and main sponsor, DasCoin leading the ranks.

In February 2016, Singapore signed a Bilateral Investment Treaty with the Islamic Republic of Iran and the country's Foreign Investment Promotion and Protection Act (FIPPA) provides a legal framework for investment protection by foreign investors keen to invest in the country. Following this, the MillionaireAsia 1^st Iran Investment Summit aims to be a landmark business exchange in Singapore since the lifting of trade sanctions on Iran by the US government which has not only allowed for foreign trade and investment to once again flow freely through the country, but also the creation of unprecedented opportunities for investors.

For registration and more information, please visit: http://millionaireasia.com/1st-iran-investment-summit/

For Media: Please click here for full press release. For media accreditation and attendance, please RSVP by 24 October 2016 to:

Urvashi Raizada
Email: uvrashi@millionaireasia.com
Tel: +65-6838-5010

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