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Iran reveals number of enterprises to be set up in Kohgiluyeh and Boyer-Ahmad Province

Finance Materials 22 November 2020 14:04 (UTC +04:00)
Iran reveals number of enterprises to be set up in Kohgiluyeh and Boyer-Ahmad Province

BAKU, Azerbaijan, Nov. 22

By Elnur Baghishov – Trend:

A total of 77 enterprises were licensed to be established in the Kohgiluyeh and Boyer-Ahmad Province (southwestern Iran) 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 a decrease of 1.3 percent compared to the same period last Iranian year. Thus, 76 enterprises were licensed to be established in the same period last Iranian year.

“It is planned to be invested about 5.96 trillion rials (about $142 billion) into the licensed enterprises within 6 months,” the statistics said.

The volume of investments increased by 189 percent compared to the same period last Iranian year. So, 2.06 trillion rials (about $49.1 billion) worth of investments were planned to be invested for the licensed enterprises in the same period last Iranian year, the statistics said.

According to the statistics, about 1,250 people are envisaged to be employed at the enterprises licensed for six months. The employment decreased by 35.9 percent compared to the same period last Iranian year. Thus, it was planned to be employed about 921people 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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