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Iran attracts investors for Caspian Industrial Park in Qazvin Province

Business Materials 1 July 2021 13:54
Iran attracts investors for Caspian Industrial Park in Qazvin Province

BAKU, Azerbaijan, July 1

By Elnur Baghishov – Trend:

Iran signed a contract with 11 new investors in the Caspian Industrial Park of the Qazvin Province (northern Iran) during the first three months of the current Iranian year (from March 21 through June 21, 2021), Chairman of Iran Small Industries and Industrial Parks Organization’s (ISIPO) branch in Qazvin Province Hamidreza Khanpour told IRNA, Trend reports.

Khanpour said that 4 hectares of land in the industrial park have been allocated to these investors. The investors will invest 2.32 trillion rials (about $50.8 million) in the industrial park.

The chairman added that by the making of investment, several manufacturing enterprises will be setting up and as a result, 430 people will be provided with jobs.

As reported, 81 investors were attracted to the industrial parks in the Qazvin Province over the 3 months. About 71 hectares of land were allocated to them. These investors will invest a total of 29.5 trillion rials (about $704 million), and as a result, about 3,200 people will be employed.

There are 19 industrial parks in Iran's Qazvin Province.

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