Turkish and German firms invest in Tehran industrial estates
Azerbaijan, Baku, Jan. 25 / Trend F.Mehdi/
A number of Turkish and German firms have invested in Tehran industrial estates, the Mehr News Agency quoted the managing director of Tehran industrial estates' company Shahin Heidari as saying.
The investors have created joint ventures with Iranian investors in the automotive and metal industries, he added.
Some 1200 hectares area of land have been prepared in the Tehran industrial estates and are ready to be transferred to investors, he noted.
In December 2012, ISNA quoted Iranian deputy industry minister Fakhrollah Molaii as saying that more than 85,000 units are currently in operation in around 30,000 industrial estates in Iran.
Some 74,000 industrial units are considered as small businesses, he added.
The units have created almost 600,000 jobs, he noted.
Export of Iran's industrial products has risen 40 percent in the first half of the current Iranian calendar year (started March 20, 2012), Press TV quoted Safdar Rahmatabadi, deputy industry minister for legal affairs, as saying.
He reaffirmed Iran's resolve to further promote non-oil exports, noting that Iranian products are now sold in the markets of 170 countries.
Rahmatabadi pointed out that despite the West's sanctions and economic pressures, Iranian products are among the best commodities in the world.
Iran is among the top 10 countries in terms of mineral resources and its automobile and food industries rank 13 and 30 respectively in the world, the official added.