Iran Small Industries and Industrial Parks Organization, affiliated to the Ministry of Industries, Mining and Trade, helped revive a total of 314 recession-hit industrial units across the country from the beginning of the current fiscal year (March 20) until July 12 and saved 5,623 jobs.
According to Mohsen Salehinia, deputy industries minister and the head of ISIPO, metal industries top the list of revived units with a 27% share, followed by chemical production units with 26%, IRNA reported.
Food and beverage production enterprises account for 18% of the units now back on track, Salehinia added.
The deputy minister noted that 44 of the total revived units are located in the capital city Tehran, which was followed by Isfahan with 40 units and West Azarbaijan with 28 units.
The Industries Ministry intends to revive 1,500 recession-hit small- and medium-sized enterprises by the end of the current fiscal year (March 2021).
According to Hossein Modarres Khiyabani the ministry’s caretaker, as per a similar initiative, 1,020 inactive mines will also be revived by the end of the year.
Salehinia says more than 46,000 industrial units are operating in 820 industrial towns across the country, 93% of which are considered small, 4% medium and 3% large.
About 35,000 small and large units are also under construction, he added.
According to the ministry, Iran is home to more than 10,000 mines, around 1,400 of which are currently inactive.
Khiyabani said despite obstacles created by US sanctions, 200 major industrial projects with an aggregate value of 1.7 quadrillion rials ($7.5 billion) will be implemented by the yearend to create 41,000 new jobs.
Six industrial and mining projects worth 58.8 trillion rials ($262 million) have come on stream in three provinces last week.
