BAKU, Azerbaijan, Apr. 26
By Elnur Baghishov – Trend:
A total of 12.8 trillion rials (about $305 million) worth of loans have been issued to 238 manufacturing enterprises in the Golestan Province (northeastern Iran) to increase manufacturing from the beginning of 5th month of last Iranian year (July 22, 2020) to Apr. 25, Chairman of Industry, Mine, and Trade Organization of Golestan Province Hossein Toluian said, Trend reports referring to the organization’s website.
Toluian noted that in this regard, Golestan Province ranks fifth after Iran's Alborz, Semnan, Zanjan, and Qazvin provinces.
The chairman added that in order to increase manufacturing in Golestan Province, the names of 481 enterprises have been announced to the banks for the issuance of loans worth 34.6 trillion rials (about $823 million).
“Moreover, 2.67 trillion rials (about $63.5 million) worth of loans have been issued to 29 enterprises in order to increase employment in the Golestan Province during the reporting period,” he said.
However, the names of 92 enterprises in the province have been announced to banks for the issuance of loans worth 7.23 trillion rials (about $172 million), according to Toluian.
The chairman stressed that loans worth 1.72 trillion rials (about $40.9 million) have been issued for the repair and development of 54 enterprises. However, the names of 246 manufacturing enterprises were announced to the banks for the issuance of loans worth 9.58 trillion rials (about $228 million).