BAKU, Azerbaijan, Nov. 18
By Elnur Baghishov – Trend:
The volume of investments to made to the enterprises for establishment in the South Khorasan Province (northwestern Iran) decreased by 60.5 percent during the first six months of the current Iranian year (from March 20 through September 21, 2020) compared to the same period last Iranian year, Trend reports citing Ministry of Industry, Mine and Trade of Iran.
According to the statistics, 164 enterprises were licensed to be established in the South Khorasan Province over the first six months of the current Iranian year. While in the same period last Iranian year, 94 enterprises were licensed to be set up. The number of issued licenses increased 74.5 percent compared to the same period last Iranian year.
“It is planned to invest about 11.1 trillion rials (about $265 million) to the enterprises licensed to establish within 6 months,” the statistics said.
However, 6.94 trillion rials (about $165 million) worth of investments were planned to be invested in the licensed enterprises in the same period last Iranian year, the statistics said.
According to the report, about 2,560 people are envisaged to be employed at the enterprises licensed during six months. The employment increased by 21.4 percent compared to the same period last Iranian year. Thus, it was planned to be employed about 2,110 people at the enterprises licensed in the same period last Iranian year.
A total of 12,800 enterprises were licensed to be established in Iran during the first six months of the current Iranian year (from March 20 through September 21, 2020) with an investment of 2.25 quadrillion rials (about $53.5 billion).
In general, 410,000 people are envisaged to be employed at the enterprises licensed within 6 months. The number of issued licenses increased by 46.9 percent compared to the same period last Iranian year. This resulted in an increase of 42.5 percent in terms of investments and 36.3 percent in terms of employment.
