BAKU, Azerbaijan, Nov. 19
By Elnur Baghishov – Trend:
The number of licenses issued for the establishment of enterprises in the North Khorasan Province (northeastern Iran) increased by 189 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, 292 enterprises were licensed to be established in the North Khorasan Province over the first six months of the current Iranian year. While in the same period last Iranian year, the figure stood at 101 enterprises.
“It is planned to invest about 18.6 trillion rials (about $443 million) into the enterprises licensed to be established within 6 months,” the statistics said.
The volume of investments increased by 766 percent compared to the same period last Iranian year. Thus, 2.15 trillion rials (about $51.2 million) worth of investments were planned for the licensed enterprises in the same period last Iranian year, the statistics added.
According to the statistics, about 4,230 people are envisaged to be employed at the enterprises licensed during six months. The employment increased by 225 percent compared to the same period last Iranian year. Thus, it was planned to employ about 1,300 people at the enterprises licensed in the same period last Iranian year.
A total of 12,800 enterprises were licensed to be established 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.