Economy, Domestic Economy
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Agricultural Mechanization to Increase

Agricultural Mechanization to IncreaseAgricultural Mechanization to Increase

The agricultural mechanization coefficient in Iran currently stands at its highest of 1.65 horsepower per hectare.
The coefficient is expected to increase to 2.1 hp/ha by the end of the Sixth Five-Year Development Plan (2017-21), the head of the Ministry of Agriculture’s Agricultural Mechanization Expansion Center said.
Kambiz Abbasi added that 20 trillion rials (about $162 million) worth of banking facilities will be granted to farmers for agro mechanization during the current Iranian year (March 2018-19), IRNA reported.

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