Iran’s industrial production 8 fold in a decade

Azerbaijan, Baku, Jun. 26/ Trend, F. Karimov/

The amount of industrial production in Iran has surged 8 fold since 2001, reaching 1.910 billion rials (about $156 billion) in 2010 from 200 trillion rials (about $16 billion) in 2001, IRIB quoted deputy industry minister Alireza Shojaei as saying.

Industrial exports had been projected to reach $14.7 billion last year, but the figure hit $14.8. For the current year, industrial exports are forecasted to reach $17 billion, he added.

Iran's technical and engineering exports are predicted to exceed $10 billion in the current Iranian calendar year, which began on March 21, IRNA quoted Iranian Industry, Mines, and Trade Minister Mehdi Ghazanfari as saying on June 8.

This will be the minimum volume of technical and engineering exports and the country's capacity will be much more than this, he noted.

He emphasized the role of free trade zones in increasing the technical-engineering exports.

The head of the Association of Iranian Exporters of Technical and Engineering Services, Mohammad Reza Ansari, said in February that over 14,000 Iranians are working in foreign countries.