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Main problem of production facilities in Iran's Qazvin province - lack of liquidity

Finance Materials 13 November 2019 16:28 (UTC +04:00)
Main problem of production facilities in Iran's Qazvin province - lack of liquidity

BAKU, Azerbaijan, Nov. 13

By Elnur Baghishov - Trend:

The main problem of production facilities in Iran’s Qazvin province is the lack of liquidity, the province’s Deputy Governor Isa Qobadi said after familiarizing with the production facilities in Leia industrial town, Trend reports via IRNA.

Qobadi noted that efforts are being made to solve this problem with the help of banks, adding that some manufacturing facilities in the province have problems with supplies of raw materials and some have problems with exports.

The deputy governor added that Iran will be able to overcome difficult conditions with the positive steps of manufacturers and manufacturing companies.

Saying that the government strongly supports the production, Qobadi noted that the government should continuously investigate production barriers in the province and help manufacturer.

There are more than 4,000 production facilities in 20 industrial parks in Iran’s Qazvin province.

Last year, the strong currency devaluation in Iran and the US sanctions put the country’s economy in a difficult position.

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