Tehran, Iran, July 3
By Mehdi Sepahvand –- Trend:
10,000 industrial units will turn operational by the end of the current Iranian year (March 20), according to Ali Yazdani, deputy minister of industry and CEO of small industries and industrial zones.
He said 25,000 industrial units have currently signed up for loans, adding that 5,000 of the requests have been studied by the Ministry of Industries and 227 units have been referred to banks to receive their loans, IRIB news agency reported July 3.
A body of officials under the name “Resistance Economy Headquarters” has obliged the ministry to operationalize 7,500 industrial units.
Resistance economy is a broad term introduced and pursued by Supreme Leader Ayatollah Ali Khamenei to denote austerity measures aimed at reducing reliance on foreign resources.
The concerned units are mostly ones that have been formerly operational, but shut down due to financial problems.
While the government is ready to provide financial aids to the units, Iranian industrialists mostly complain that they are not being supported legally and bureaucratically.
The Parliament has allowed 160 trillion rials ($5.208 billion) to go into revitalizing industries, maintaining that the sum can put 12,000 small and mid-size units back to their feet.