Iran names number of licensed enterprises in Bushehr Province

Finance Materials 8 July 2020 17:46 (UTC +04:00)

BAKU, Azerbaijan, July 8

By Elnur Baghishov – Trend:

The licenses were issued for the establishment of 54 industrial enterprises in the Bushehr Province (southern Iran) during the first three months of the current Iranian year (March 20-June 20, 2020), said Hossein Hosseini Chairman of Industry, Mine and Trade Organization of Bushehr Province, Trend reports citing the organization.

Hosseini noted that it is estimated that 4.77 trillion rials (about $113 million) will be invested in these enterprises and 1,940 people will be employed.

The chairman emphasized that the number of licensed enterprises increased by 68 percent in terms of number and 117 percent in terms of value compared to the same period last year.

“About 213 appeals related to the issuance of loans in order to increase the production of industrial enterprises in Bushehr Province were investigated,” he said.

According to him, so far, worth of 1.82 trillion rials (about $ 43.3 million) in loans have been paid to 172 applicants.