BAKU, Azerbaijan, August 12. As many as 209 industrial enterprises have been commissioned in Iran’s southern Hormozgan Province, with 130 trillion rials (about $224 million) in expenditures, since the beginning of the current Iranian year (March 21, 2025), the chairperson of the Organization of Industries, Mines, and Trade Organization of Hormozgan Province, Khalil Ghasemi, told local media, Trend reports.
According to him, the initiation of these ventures has facilitated job creation for 3,000 individuals. In this context, Hormozgan occupies the premier position nationally.
Ghasemi added that currently 17 major industrial enterprises are being established in Hormozgan Province with an investment of two quadrillion rials (approximately $3.45 billion). As many as 90 percent of the physical work on these enterprises has been completed. Once operational, these industrial enterprises are expected to create 16,000 jobs.
Ghasemi also pointed out that so far this year, licenses have been issued for the exploitation of three mines in Hormozgan’s mining sector. In addition, the operations of 17 mines have been resumed through an investment of eight trillion rials (approximately $13.8 million).
To note, over 1,000 industrial enterprises are currently operating in Hormozgan Province.
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