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Expenses on construction of enterprises in Iran’s Tehran Province drops

Business Materials 30 November 2020 05:01 (UTC +04:00)

BAKU, Azerbaijan, Nov. 30

By Elnur Baghishov – Trend:

The amount of expenses on the construction of enterprises in the Tehran Province (northern Iran) decreased by 58 percent during the first six months of the current Iranian year (from March 20 through September 21, 2020) compared to the same period last Iranian year, Trend reports citing Ministry of Industry, Mine and Trade of Iran.

According to the statistics, 18.8 trillion rials (about $447 million) was spent on the construction of the enterprises within 6 months of the current Iranian year. While in the same period last year, this figure amounted to 44.5 trillion rials (about $1.06 billion).

"As many as 187 enterprises were launched in Iran's Tehran Province over the past six months. This is a decrease of 8.3 percent compared to the same period last Iranian year. Thus, 204 enterprises were launched in the province in the same period last Iranian year," the statistics said.

About 5,320 people were employed during six months with the launch of enterprises in Iran's Tehran Province, the statistics said.

According to the statistics, the employment increased by 54.2 percent compared to the same period last Iranian year. Thus, 3,450 people were employed in the same period last Iranian year with the launch of the enterprises," the statistics said.

A total of 3,050 enterprises were launched in Iran over the past six months of the current Iranian year. About 380 trillion rials (about $9.04 billion) was spent on the construction of the enterprises. About 51,600 people were employed with the launch of these enterprises.

The number of enterprises launched in Iran increased by 1.4 percent compared to the same period last Iranian year.

This resulted in an increase of 72.1 percent in terms of expenses and 8.2 percent in terms of employment.

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