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  • 29-08-22

    Government Week: Iran’s Industry Ministry invests in 367 ventures valued at USD2.5B

    (MENAFN) Deputy Industry, Mining, and Trade Minister Mehdi Niazi has declared the investiture of 367 ventures with an overall investment of 710 trillion rials (nearly USD2.47 billion) in numerous areas throughout the Government Week (August 24-30), as reported by IRNA.

    Niazi stated that the overall investment established in the declared ventures contains 452 trillion rials (nearly USD1.57 billion) in addition to USD520 million as well as USD437 million, and the projects are going to produce employment for 23,000 people.

    As stated by the official, Khorasan Razavi district with 39 ventures are going to have the largest stock of the invested ventures in the industry, mining and trade areas shadowed by Fars district with 33 ventures as well as Sistan-Baluchistan region with 30 ventures.

    Of the stated ventures, 28 are going to be inaugurated in the capital city as well with an overall investment of 89 trillion rials (nearly USD300 million) in addition to USD1.4 million as well as €40 million.

    MENAFN29082022000045014228ID1104772980

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