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Number of enterprises to be established in Iran's Qom Province revealed

Finance Materials 22 November 2020 09:42 (UTC +04:00)
Number of enterprises to be established in Iran's Qom Province revealed

BAKU, Azerbaijan, Nov. 22

By Elnur Baghishov – Trend:

A total of 701 enterprises were licensed to be established in the Qom Province during the first six months of the current Iranian year (from March 20 through September 21, 2020), Trend reports citing Ministry of Industry, Mine and Trade of Iran.

According to the statistics, this is an increase of 54.7 percent compared to the same period last Iranian year. Thus, 453 enterprises were licensed to be established in Qom Province in the same period last Iranian year.

“It is planned to be invested about 66.3 trillion rials (about $1.58 billion) into the licensed enterprises within 6 months,” the statistics said.

The volume of investments increased by187 percent compared to the same period last Iranian year. Thus, 23 trillion rials (about $549 million) worth of investments were planned to be invested in the licensed enterprises in the same period last Iranian year, the statistics said.

According to the statistics, about 14,000 people are envisaged to be employed at the enterprises licensed for six months. The employmentincreased by 69.1 percent compared to the same period last Iranian year. Thus, it was planned to employ about 8,320 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.

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