Foreign Investment in Context of B.O.T. Contracts and the Iranian Foreign Investment Promotion and Protection Act

Foreign investment which is an important economic phenomenon, involves  transfer of tangible or intangible assets from one country into another for the purpose of their use in that country to generate wealth under the total or partial control of the owner of the assets. The Islamic Republic of Iran as a developing country has increasingly need to promotion of foreign investment. The Iranian foreign investment promotion and protection act was adopted by the parliament in 2002. B.O.T. (Build, Operate, Transfer) contracts regarded as one of the important devices for promotion and protection of foreign investment in the Iranian Law. The present article reviews the B.O.T. contracts in the Iranian foreign investment promotion and protection Act.