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FinancialNews


  • 06-07-21

    Iran revives 240 idle industrial units in 2021

    (MENAFN)About 240 idle industrial units were revived in the country since the start of the current Iranian year (March 21), stated the head of Iran Small Industries and Industrial Parks Organization (ISIPO).

    Ali Rasoulian further stated that revitalizing 1,600 idle and semi-active industrial units in the industrial parks and zones are targeted for the current year, underlining that one of the most important programs of the Ministry of Industry, Mining, and Trade is to activate the semi-active and stagnant units.

    The official also declared that with the revival of each idle industrial unit, 26 job opportunities will be offered that is estimated that over 100,000 jobs will be offered in the country 2021 through the return of industrial units to the production cycle.

    The ISIPO head added that 1,557 stagnant and semi-active units returned to the production cycle in the industrial parks with a financing of 35 trillion rials (over USD833 million), providing employment for 27,000 people in the previous year.

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