Iran discloses amount of loans issued to manufacturing enterprises
BAKU, Azerbaijan, May 19
By Elnur Baghishov - Trend:
About 1 trillion rials (about $23.8 million) in loans were issued to manufacturing enterprises in Gorgan county of Golestan province (northeastern Iran) in the last Iranian year (from March 21, 2019 to March 20, 2020), said Hossein Toluian, chairman of the Golestan province Industry, Mine and Trade Organization, Trend reports referring to the organization’s website.
According to Toluian, these loans were issued to 29 enterprises in Gorgan county.
Toluian added that last year, the organization approved to issued loans of 22.7 trillion rials (about $541 million) to increase the production of 374 enterprises in Golestan province.
The official said that the names of 85 companies have been announced for banks to provide loans worth 3.03 trillion rials (about $72.1 million).
“So far, the names of 205 enterprises in Golestan province have been announced for banks to provide loans worth 7.04 trillion rials (about $167 million) for the modernization of enterprises,” he said.
The official said that there are 206 industrial enterprises in Gorgan county. Its 19 enterprises have ceased operations and efforts are being made to restore them by resolving the existing problems.