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$3.5b in Q1 Industrial Investments Expected

Aug 12, 2020, 10:36 AM
News ID: 33162
$3.5b in Q1 Industrial Investments Expected

EghtesadOnline: A total of 784.02 trillion rials ($3.58 billion) worth of investments are expected to be made in industrial units, for which establishment permits were issued during the first three months of the current Iranian year (March 20-June 20), registering an increase of 37.3% compared with the similar period of last year.

A total of 7,373 establishment permits were issued over the period, registering a 24.7% growth year-on-year.  

These projects are expected to create around 163,600 jobs, 18.6% more compared with the year before, the latest report released by the Ministry of Industries, Mining and Trade shows.