Mining Investment Declines

A new report by Tehran Chamber of Commerce cites the Statistical Center of Iran’s mining sector data to show how investment in operating mines has declined over the years in real terms.
According to the report, the nominal investment in operating mines stood at 55 trillion rials ($207 million at current exchange rate) in the fiscal 2020-21 compared to 29 trillion rials ($109 million) in the fiscal 2015-16. However, in real terms, i.e., taking into account the producer inflation in the mining sector, the investment volume shows an 18% decline from 28.2 trillion rials to 10.3 trillion rials over the five-year period.
Another important indicator is investment volume vis-a-vis value added, which declined from 35% in the fiscal 2015-16 to a record low of 4.4% in the last fiscal year.