Domestic Economy
0

Iran Industrial Investments on Growth Trajectory

The highest volume of investments in projects with establishment permits and operating licenses were made in those related to coke and oil derivatives production with more than $4.99 billion and $1.42 billion respectively
Iran Industrial Investments on Growth Trajectory
Iran Industrial Investments on Growth Trajectory

More than 2.42 quadrillion rials ($16.54 billion) worth of investments are expected to be made in industrial units for which establishment permits were issued, while investments worth 510.72 trillion rials ($3.48 billion) are projected in projects for which operating licenses were issued during the 11 months to Feb. 19.
The abovementioned investment volumes indicate a respective growth of 61.5% and 113.8% compared with the similar period of last year, Ministry of Industries, Mining and Trade's latest report shows.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com