BAKU, Azerbaijan, Nov. 17
By Elnur Baghishov – Trend:
The number of licenses issued for the establishment of enterprises in the Ilam Province (western Iran) increased by 104 percent during the first six months of the current Iranian year (from March 20 through September 21, 2020) compared to the same period last Iranian year, Trend reports citing Ministry of Industry, Mine and Trade of Iran.
According to the statistics, 145 enterprises were licensed to establish in Ilam Province over the first six months of the current Iranian year. While in the same period last Iranian year, 71 enterprises were licensed to establish.
“It is planned to invest about 35.4 trillion rials (about $844 million) to the enterprises licensed to establish within 6 months,” the statistics said.
The volume of investments increased by 613 percent compared to the same period last Iranian year. Thus, 4.97 trillion rials (about $118 million) worth of investments were planned to invest to the licensed enterprises in the same period last Iranian year, the statistics said.
According to the statistics, about 3,480 people are envisaged to be employed at the enterprises licensed during six months. The employment increased about 186 percent compared to the same period last Iranian year. Thus, it was planned to employ about 1,220 people at the enterprises licensed in the same period last Iranian year.
A total of 12,800 enterprises were licensed to establish in Iran during the first six months of the current Iranian year (from March 20 through September 21, 2020) with an investment of 2.25 quadrillion rials (about $53.5 billion).
In general, 410,000 people are envisaged to be employed at the enterprises licensed within 6 months. The number of issued licenses increased by 46.9 percent compared to the same period last Iranian year. This resulted in an increase of 42.5 percent in terms of investments and 36.3 percent in terms of employment.