Domestic Economy
0

$3.5b in Q1 Industrial Investments Expected

$3.5b in Q1 Industrial Investments Expected
$3.5b in Q1 Industrial Investments Expected

A total of 784.02 trillion rials ($3.58 billion) worth of investments are expected to be made in industrial units, for which establishment permits were issued during the first three months of the current Iranian year (March 20-June 20), registering an increase of 37.3% compared with the similar period of last year.
A total of 7,373 establishment permits were issued over the period, registering a 24.7% growth year-on-year.  
These projects are expected to create around 163,600 jobs, 18.6% more compared with the year before, the latest report released by the Ministry of Industries, Mining and Trade shows.
 

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com