Investors already lining up
According to the source, companies from several countries have already expressed interest in participating.
Among those identified were firms based in the United States, South Korea, Japan, Singapore, and Malaysia, though no comprehensive list of participants has yet been released.
Officials involved in the negotiations are still working out key questions regarding governance, oversight, project selection, and fund administration.
“It’ll only be created once the final deal is signed,” the source said.
During the current 60-day framework period, planners are expected to work with Iranian authorities and prospective investors to identify priority projects and establish operational structures.
The announcement comes shortly after the United States and Iran agreed to halt hostilities and reopen the Strait of Hormuz, a vital maritime route through which…