News ID: 301910
Published: 0143 GMT April 06, 2021

Nearly 1,500 industrial units resume production: Deputy minister

Nearly 1,500 industrial units resume production: Deputy minister

Nearly 1,500 industrial units have resumed production in the past Iranian year (ending March 20), said Deputy Industry, Mine and Trade Minister Mehdi Sadeqi-Niaraki on Tuesday.

According to Sadeqi-Niaraki, over 6,500 new industrial units were also established across the country during the 12 months, which created jobs for over 121,000 people, IRNA reported.

The official said the orientation of all government organizations and executive bodies during the current year should be towards supporting the country’s industrial and mining units.

Sadeqi-Niaraki pointed to a 40 percent increase in the issuance of establishment licenses for industrial units in the previous year, saying: “The number of establishment licenses increased to more than 36,000 last [Iranian] year, which shows that people are encouraged to invest in the productive sectors

According to the official, there are over 46,000 small- and medium-sized industrial units in Iran’s industrial parks and zones, of which about 9,200 units are inactive.

Iran’s industrial parks play a significant role in making the country independent through boosting production, which is a major strategy of Iran to combat US sanctions.

Strengthening domestic production to achieve self-reliance is the most important program that Iran is following up in its industry sector in a bid to nullify the effects of US sanctions on its economy.


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