BAKU, Azerbaijan, July 18
By Elnur Baghishov – Trend:
The loans worth 1.87 trillion rials (about $44.5 million) have been paid to support manufacturing enterprises in the industrial, mining, agricultural and tourism sectors in the Bushehr Province (southern Iran) since the beginning of the current Iranian year (March 20, 2020), said Hossein Hosseini, Chairman of Industry, Mine and Trade Organization of Bushehr Province, Trend reports citing the organization.
He made the remark at a meeting on removing barriers for production in the province.
The chairman noted that in addition, 66 industrial enterprises were registered to receive loans in the current Iranian year (began March 20, 2020). Nineteen of them received loans for working capital worth 750 billion rials (about $17.8 million).
He added that the focus is on the renewal and commissioning of new enterprises in the mining and quarrying sectors in Bushehr Province.
Hosseini noted that these are important issues to upgrade the equipment and machinery in the mines, to provide loans in the sector and increase production.
"The banks in the region should pay attention to the requests of enterprises on the purchase of equipment and provision of loans," he said.