Small industries account for only 10% of Iran’s total exports

Business Materials 29 October 2014 17:45 (UTC +04:00)

Tehran, Iran, Oct. 29

By Milad Fashtami - Trend:

Deputy Director of Iran Small Industries & Industrial Parks Organization Qolamreza Soleimani said that small industries' exports account for only 10 percent of the country's total non-oil exports.

"The Iran Small Industries & Industrial Parks Organization is developing a plan to increase small industries' exports in the future," he said, Iran's IRNA News Agency reported Oct. 29

The official went on to note that 81,000 small industrial units are working across the county.

"One million people are currently working at small industries," Soleimani said.

According to Iran Customs Administration, the country's total non-oil trade amounted to $57.214 billion in the first seven months of the current Iranian calendar year.

Iran's non-oil exports accounted for $26.943 billion of the mentioned amount, while imports accounted for $30.271 billion.

Soleimani said on June 22 that foreign investors invested some $783 million in Iran's industrial parks in the 12-month period with ended on March 20.

"The investment has created over 11,000 job opportunities," he said, Iran's Mehr News Agency reported on June 22.

"Currently some 122 foreign investors are active in Iranian industrial parks projects," he said.

He went on to note that the interim deal between Tehran and the P5+1 group of countries has encouraged foreigners to invest in Iran's market.

Edited by CN