Economy, Domestic Economy

Investment in Underdeveloped Regions

Investment in Underdeveloped RegionsInvestment in Underdeveloped Regions

The deputy minister for industry, mine, and trade said development organizations are required to invest in manufacturing sector in underdeveloped regions across the country, reported Tasnim news agency. So far, development organizations have had to invest 50% of their budget in regions with little infrastructures, but a new law requires them to increase the figure to 80%, said Ali Yazdani Varzaneh. He added that one of the key policies pursued by the government is to restart all the manufacturing units that have been shut down, whether they are private or state-owned.