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Iran reveals investments, commissioned facilities in several sectors

Business Materials 24 June 2020 15:47 (UTC +04:00)
Iran reveals investments, commissioned facilities in several sectors

BAKU, Azerbaijan, June 24

By Elnur Baghishov – Trend:

As many as 196 facilities in industrial, mining and trade sector were commissioned with an investment of 230 trillion rials (about $5.47 billion) during the first two months of the current Iranian year (March 20 - May 20, 2020), Trend reports citing Ministry of Industry, Mine and Trade of Iran.

According to the report, 10,200 people were provided with jobs with the commissioning of these facilities.

The report further included statistics on production in various sectors of the country.

“The production of car tires in Iran increased by 27 percent during the mentioned period, compared to the same period last Iranian year,” the report added.

“In 2 months, the production of aluminum ingots increased by 32 percent, alumina production by 8 percent, industrial oil production by 15 percent,” the report said.

The production of petrochemicals increased by 6 percent during 2 months, according to the report.

"In two months, the production of acrylic fibers increased by 95 percent and the production of medical masks by 30 percent," the report said.

The production of washing machines increased by 150 percent and TV sets - by 50 percent.

The Ministry of Industry, Mines and Trade of Iran has not yet released a report on production in the current Iranian year.

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