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FinancialNews


  • 22-04-21

    Iran plans to revive 1,600 idle industrial units

    (MENAFN)Industry, Mining and Trade Ministry aims to revitalize 1,600 idle industrial units via the country in the current Iranian year, stated the head of Iran Small Industries and Industrial Parks Organization (ISIPO).

    These units are sluggish or operating below capacity for a variety of reasons, according to Ali Rasoulian.

    The official further declared that 59 percent of those units’ problem is attributed to the financing, mentioning the revived 1,557 idle units in the country in the last Iranian year.

    He also declared that with the plan of reactivating stagnant units or units that are operating below capacity, 900 consultants from the private sector and knowledge-based companies have been chosen in the form of industry clinics across the country to know the weaknesses of these units.

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