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Permits for New Industrial Units Up 24 Percent

Permits for New Industrial Units Up 24 PercentPermits for New Industrial Units Up 24 Percent

The Ministry of Industries, Mining and Trade issued 6,696 permits for the establishment of new industrial units during the first four months of the current fiscal year (March 21-July 22), registering an increase of 24% compared with last year’s corresponding period. According to the Persian economic daily Donya-e-Eqtesad, the ministry issued 1,617 permits for industrial operations, up by 0.1% year-on-year. In the field of mining, 336 exploration permits were issued during the four-month period, up by 21% YOY. Also, 135 and 184 permits were issued for mining discovery and operation, which indicate a 5% and 8% year-on-year decline respectively.

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