BAKU, Azerbaijan, Nov. 10
By Elnur Baghishov – Trend:
A total of 1.26 trillion rials (about $30 million) worth of loans have been issued for the construction of 26 manufacturing enterprises 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.
Hosseini stressed that there is more than 60 percent progress in the construction of these enterprises.
The chairman added that the loans were allocated by the National Development Fund of Iran (NDFI).
"The loans were issued in order to eliminate the liquidity problem for the owners of manufacturing enterprises," he said.
According to Hosseini, in addition, the loans are planned to issue to several manufacturing enterprises.