BAKU, Azerbaijan, July 14. Iran significantly increased its investment in establishing industrial enterprises by 61.7 percent over the past Iranian year (from March 20, 2024, through March 20, 2025), compared to the previous year (from March 21, 2023, through March 19, 2024).
Data obtained by Trend from the country's Ministry of Industry, Mine, and Trade indicates that the total amount spent reached around 7.2 quadrillion rials (about $10.4 billion), marking a 61.7 percent increase compared to the previous year. However, a total of 4.46 quadrillion rials (about $6.44 billion) in the past year was allocated for the establishment of industrial enterprises.
The data also added that 8,420 enterprises were commissioned in Iran during the last Iranian year, representing a 5.7 percent decrease compared to the 8,930 enterprises launched the year before.
The Ministry of Industry, Mine, and Trade has resumed publishing data on Iran’s industrial, mining, and trade sectors after nearly two years. The ministry continues its efforts to boost domestic production and support the country’s industrial development.
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