...

Iran discloses amount of investment in North Khorasan Province

Business Materials 22 July 2020 16:19 (UTC +04:00)
Iran discloses amount of investment in North Khorasan Province

BAKU, Azerbaijan, July 22

By Elnur Baghishov – Trend:

The private sector in Iran has invested some 20 trillion rials (about $476 million) in agriculture, tourism, industry and mining sectors in North Khorasan Province (northeastern Iran) since the beginning of the current Iranian year (March 20, 2020), the Governor of North Khorasan Province Mohammad Ali Shojaei said, Trend reports citing the governor office’s official website.

Shojaei stressed that the private sector has invested 60 trillion rials (about $1.42 billion) in agriculture, tourism, industry and mining sectors in North Khorasan Province in the last Iranian year (from March 21, 2019 to March, 20 2020).

The governor said that if a businessman invests in a province, the revenues from the initial investment cannot be taken to be invested in another province. The rule was applied to have production, employment, revenues and taxes in the province benefit the local population.

In total, Iran's North Khorasan Province has a population of 863,000 people.

About 37,500 tons of products worth $9.3 million were exported from the province during the first three months of the current Iranian year (March 20-June 20, 2020).

Tags:
Latest

Latest