BAKU, Azerbaijan, October 3. In general, the activity of 617 industrial enterprises was resumed in Iran during the first six months of the current Iranian year (March 21 through September 22, 2022), Deputy Minister of Industry, Mine and Trade of Iran and Head of Iran Small Industries and Industrial Parks Organization (ISIPO), Ali Rasoulian told Mehr News Agency, Trend reports.
The deputy minister noted that in total, the activity of 2,000 industrial enterprises is expected to be resumed in the country for the current Iranian year (March 21, 2022 through March 20, 2023).
“Furthermore, the capacity of 407 enterprises that production potential is below 50 percent has been increased,” he added.
Rasoulian also pointed out that the main reason for the suspension of the activity of industrial enterprises in the country is problems related to financial security.
“According to the agreement recently signed between Iran's Minister of Industry, Mining and Trade, Reza Fatemi Amin, Minister of Economic Affairs and Finance Ehsan Khandouzi, and Director General of the Central Bank of Iran (CBI), Ali Salehabadi, 500 trillion rials (about $11.9 billion) worth of loans will be allocated to industrial enterprises that have problems with financial security and have suspended activity,” the official said.
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