Domestic Economy

1,000 SMEs Revived Since March

The revived units had been either partially or completely shut down due to the lack of working capital, loss of markets, inability to update technology and lack of investment
1,000 SMEs Revived Since March
1,000 SMEs Revived Since March

About 1,000 small- and medium-sized industrial units located in Iran’s industrial parks and estates have been revived since the beginning of the current fiscal year (March 20), according to Iran Small Industries and Industrial Parks Organization.
"By reviving these SMEs, more than 17,090 jobs were created or reinstated,” Asghar Masaheb, the deputy head of the organization, was quoted as saying by IRNA.
More than 9,800 industrial units are currently inactive, he added.
There are 820 industrial towns across the country.
Chemical industries accounted for the largest number of revived industrial units this year, as 247 units in this sector have become operational this year.


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