Iran provides funding for industrial, mineral projects
TEHRAN, Iran, Sept.24
Some $650 million has been provided for 463 industrial and mineral projects in Iran, says the data from Iran's Ministry of Industry, Mine and Trade, Trend reports via IRNA.
The mentioned figure was provided since the start of the current Iranian year (started March 20,2020) to August 21,2020.
A total of 6,624 applications were submitted to obtain the advances during the past 18 months and so far 2,845 of them were approved and sent to banks, to advance with the funding.
Isfahan, Tehran and Hamadan Provinces were the top three provinces that have obtained advances for industrial and mineral projects.
Isfahan Province obtained $130 million for 77 projects, Tehran Province obtained $108 million for 65 projects and Hamadan Province obtained $97 million for 56 projects.
Kermanshah Province has received the lowest volume of $4.6 million.