BAKU, Azerbaijan, Jan. 5
By Elnur Baghishov - Trend:
During eight months (March 21-Nov. 21) of this Iranian year (began March 21, 2019), the number of foreign investments of the Iranian Ministry of Industry, Mine and Trade increased in the industrial, mine and trade sectors by 10 percent compared to the same period last year, Trend reports referring to the Iranian Ministry of Industry, Mine and Trade.
The value of foreign investments in the reporting period amounted to $784.6 million.
In this regard, 55 projects were approved in the industry, mine and trade sectors.
In the same period last year, 50 projects worth $837 million were approved.
During eight months of this Iranian year, 4,013 manufacturing facilities received loans worth 79.1 trillion rials (about $1.8 billion).
This included small and medium-sized enterprises and unfinished projects with progress of more than 60 percent of work.
A total of 10,116 facilities passed registration to receive loans.
From Feb. 21 to Nov. 21, names of 1,449 businesses have been announced to Iranian banks as part of lending. Of these, 163 businesses received loans worth 9.7 trillion rials (about $218 million).