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FinancialNews


  • 12-12-22

    Iran invests more than USD111M in industrial parks during this year

    (MENAFN) Chief of Iran Small Industries and Industrial Parks Organization (ISIPO) Ali Rasoulian stated that more than 40 trillion rials (nearly USD111.1 million) has been funded for starting infrastructure improvement projects in the nation’s industrial parks as well as zones since the start of the ongoing Iranian calendar year (March 21), as reported by IRNA.

    “With more than 2,200 development projects being implemented in industrial parks and zones, we hope that nearly eight trillion rials (about USD222.2 million) will be invested in these projects by the end of the year,” IRIB recited Rasoulian as mentioning.

    Talking about his administration’s strategy for creating 1,000 workshop units in industrial parks through the whole nation, the official voiced his hope that some of these units are going to become functional by the closing of 2022.

    He additionally highlighted that regaining idle units as additional priority program of ISIPO, stating that “Since the beginning of the 13th government administration (August 2021), 2,200 stagnant production units have returned to the production cycle.”

    MENAFN12122022000045014228ID1105296818

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