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116 idle semiactive production units revived since late March

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116 idle, semi-active production units revived since late March​

TEHRAN - The Head of Iran Small Industries and Industrial Parks Organization (ISIPO) Farshad Moghimi said that 116 idle and semi-active production units have been revived in the country since the beginning of the current Iranian calendar year (March 21).

116 idle, semi-active production units revived since late March

The official also announced that 10,000 economic units were revived during the late President Raisi’s administration of which 4,600 units were industrial ones, IRIB reported.

In the past few years, many of the production units across Iran have been wrestling with financial issues as well as the problem of supplying their raw materials, so that, many have been forced to shut down or decrease their activities.

The Industry Ministry’s program for revving such units has tried to identify major problems and issues that the production units are facing in order to bring them back into the production cycle by resolving such problems.

Last month, Industry, Mining, and Trade Minister Abbas Ali-Abadi inaugurated 20 industrial, infrastructure, and development projects valued at 294.8 trillion rials (over $60 million) in industrial parks and zones across the country through video conferencing.

Put into operation in 11 different provinces, the mentioned projects were inaugurated on the occasion of the national day of supporting Small and Medium-sized Enterprises (SMEs).

The projects include nine infrastructure projects with a total investment of 1.88 trillion rials (about $3.82 million), seven industrial projects with an investment of 18.35 trillion rials (over $37.8 million), and the revival of four idle industrial units with an investment of 9.24 trillion rials (over $18.9 million).

As reported, the inauguration of the mentioned projects has created direct job opportunities for 723 people.

The projects were carried out in the provinces of Kermanshah, Markazi, Zanjan, Yazd, Alborz, Lorestan, Sistan-Baluchestan, Golestan, Isfahan, Qazvin, and East Azarbaijan.

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source: tehrantimes.com