Article page new theme
Economy, Domestic Economy

Production Units in Dire Straits

Data from Iran’s Small Industries and Industrial Parks Organization show industrial estates across Iran have 33,012 production units, 7,875 of which (23.85%) have stopped operating and 11,807 units (35.7%) are operating below 50% capacity.

In other words, close to 60% of the production units are either out of operation or operating under 50% capacity, ILNA reported.

The data also indicate that 14,055 units (42.5%) are operating at 50-70% capacity and only 7,140 units (21.8%) are operating above 70% capacity.

Sadeq Najafi, managing director of the organization, said the government revived 201 industrial units across Iran during the first three months of the current fiscal year (March 21-June 21).