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Expenses on construction of enterprises decline in Iran’s Qazvin province

Business Materials 3 December 2020 13:18 (UTC +04:00)
Expenses on construction of enterprises decline in Iran’s Qazvin province

BAKU, Azerbaijan, Dec. 3

By Elnur Baghishov – Trend:

The number of expenses on the construction of enterprises in the Qazvin Province (western Iran) decreased by 8.1 percent during the first six months of the current Iranian year (from March 20 through September 21, 2020) compared to the same period of the last Iranian year, Trend reports citing Ministry of Industry, Mine and Trade of Iran.

According to the statistics, 8.62 trillion rials (about $205 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 9.37 trillion rials (about $223 million).

"As many as 196 enterprises were launched in Iran's Qazvin province over the past six months. This is an increase of 12 percent compared to the same period last Iranian year. Thus, 175 enterprises were launched in the province in the same period last Iranian year," the statistics said.

A total of 3,060 people were employed for six months with the launch of enterprises in Iran's Qazvin Province, the statistics said.

According to the statistics, employment decreased by 6.6 percent compared to the same period last Iranian year. So, 3,280 people were employed in the same period last Iranian year with the launch of the enterprises.

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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