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Iran reactivates industrial units in Chaharmahal and Bakhtiari Province

Business Materials 18 August 2020 15:46 (UTC +04:00)
Iran reactivates industrial units in Chaharmahal and Bakhtiari Province

TEHRAN, Iran, Aug.18

Trend:

Iranian government has targeted to revive 20 industrial units in Chaharmahal and Bakhtiari Province in current Iranian year (started March 20, 2020) to improve production, said Managing Director of Chaharmahal and Bakhtiari industrial city Hamidreza Fallah, Trend reports with reference to IRNA news agency.

"So far, 10 industrial units have been reactivated and started production. Investment in production sector has been optimal despite unilateral sanctions and economic issues caused by coronavirus spread," Fallah added.

"Total of 53-hectare land in the province's industrial cities has been assigned to investors during first four months of current Iranian year," he noted adding that the province assigned 74 hectares to investors in last Iranian year (started March 21, 2019), which shows significant growth compared to previous years.

"There are 22 active industrial cities in the province that are located in 3,700-hectare area that accounts for 3.5 percent of country's industrial sector," the managing director said.

"To date, 2,400 contracts were signed with investors and 1,000 production units were commissioned that created 16,000 job places," Fallah added.

"Supporting small industries is one important plan that include providing credit, removing obstacles in production, reviving inactive units, marketing and branding activities, and attending domestic and foreign exhibitions," he said. "There are 1,333 ongoing industrial projects that have 30 percent progress, and nine mega industrial projects are expected to be operated in current Iranian year (started March 20, 2020)."

The province mainly produces fish feed, home appliances, malt, carpet and fireproof brick.

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