Domestic Economy

Qazvin Industrial Areas Attracting More Investments

Qazvin Industrial Areas Attracting More InvestmentsQazvin Industrial Areas Attracting More Investments

An average annual of 400 billion rials ($1.6 million) worth of infrastructural investments has been allocated to Qazvin Province’s industrial areas every year since 2013 when President Hassan Rouhani first came to office, according to the CEO of Qazvin Industrial Parks Company.
“This year, the figure has experienced a significant rise and reached 1 trillion rials ($4.5 million). These investments by the government will be used for the construction of roads, asphalting the existing routes, expanding electricity, lighting and telecommunications in the area, building wastewater treatment facilities, water transfer network and creating green areas so we can attract more investors to the province,” Hamidreza Khanpour was also quoted as saying by IRNA.
The official added that so far this year, 15 new production units have been launched in Qazvin’s industrial parks and zones, in which a total of 1 trillion rials ($4.5 million) have been invested. 


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