Industrial Investments Over Ten Months Under Review

A total of 5.14 quadrillion rials ($20.75 billion) worth of investments were made in industrial units for which establishment permits were issued during the first 10 months of the current Iranian year (March 20, 2020- Jan. 19), showing an increase of 60.8% compared with the similar period of last year.
A total of 31,940 establishment permits were issued over the period, registering a 38.6% growth year-on-year. 
These projects created 716,303 jobs, which are 37.6% more compared with the year before, the latest report released by the Ministry of Industries, Mining and Trade shows.
Close to 1.74 quadrillion rials ($7.02 billion) are estimated to have been invested in projects for which operating licenses were issued during the ten-month period, indicating a 299% hike year-on-year.