Domestic Economy

Bigger Investments Planned in Industries

Bigger Investments Planned in IndustriesBigger Investments Planned in Industries

Approximately 784 trillion rials ($3.56b) in investments are to be made in industrial units, for which permits were issued in the first three months of the current Iranian year (March 20-June 20). This amount will be an increase of 135.5% compared to the same period last year.
A report by the Ministry of Industries, Mining and Trade shows 7,373 establishment permits were issued over three months under review, 24.7% more year-on-year, Fars News Agency reported. 
The projects are expected to create 163,600 jobs, 18.6% more compared to last year.

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