Head of the policy-making council of Iran's oil industry exhibitions said 1,900 Iranian and foreign companies will run stands at the upcoming Iran Oil Show, up 60% from the fair's previous edition.
Akbar Nematollah, deputy petroleum minister in public relations, told Shana that the outstanding rise in the number of foreign exhibitors at the showcase is an indication of rising willingness for investing in Iran's energy projects by foreigners now that sanctions have sewn up.
"Given implementation of the Joint Comprehensive Plan of Actions (JCPOA), we have witnessed an extraordinary reception of the fair by foreign exhibitors this year," said the official. "The reception was so hot that many of the requesting companies failed to secure stands at the showcase."
He said 900 Iranian and 880 foreign companies are to run stands at the exhibit. The foreign firms come from 38 countries, up 6 countries from the fair's previous edition.
Exhibitors from Germany, Ukraine, China, Switzerland, Italy, United Arab Emirates, Armenia, Austria, Belgium, France, Hong Kong, India, Malaysia, Monaco, the Netherlands, Poland, America, Canada, Venezuela, South Korea, Australia, Russia, Spain, Singapore, Turkey, United Kingdom, Azerbaijan, Norway, Sweden, Brazil, Bulgaria, Romania, Japan, New Zealand, Taiwan, Portugal, Indonesia and Finland will run stands at the fair, added Nematollahi.
The show will run from May 5 to 8 at Tehran's permanent international fairgrounds.