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FinancialNews


  • 13-04-21

    Relying on domestic production saves Iran USD3.5B in last year

    (MENAFN)According to Iran's Deputy Industry, Mining, and Trade Minister Mehdi Sadeqi Niaraki, depending on domestic production saved Iran USD3.5 billion in the last Iranian year.

    Niaraki further stated that in the previous year the indigenization of the knowledge for the production of USD3.2 billion value of such equipment in several provinces was on the agenda that improved to over USD3.5 billion, IRIB reported.

    He stated investment in industrial sectors and the rising trend of production of important industrial products as measures taken by the Industry, Mining and Trade Ministry in the last year that was described as the year of “Surge in Production” by the Leader of the Islamic Revolution Seyed Ali Khamenei.

    The official also declared that “The country's industrial sector was able to grow significantly in a situation where the outbreak of the coronavirus had created unfavorable conditions for the country’s productive sector; fortunately, we have witnessed a good leap in the production of products needed by people to fight this disease.”

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