...

Iran reveals data on new enterprises in Hamadan province

Finance Materials 24 November 2020 12:09 (UTC +04:00)
Iran reveals data on new enterprises in Hamadan province

BAKU, Azerbaijan, Nov. 24

By Elnur Baghishov – Trend:

A total of 721 enterprises were licensed to be established in the Hamadan Province (western Iran) during the first six months of the current Iranian year (from March 20 through September 21, 2020), Trend reports citing the Ministry of Industry, Mine and Trade of Iran.

According to the statistics, this is an increase of 105 percent compared to the same period last Iranian year. Thus, 351 enterprises were licensed to be established in Hamadan Province in the same period last Iranian year.

“It is planned to be invested about 48.9 trillion rials (about $1.16 billion) into the licensed to be established within 6 months,” the statistics said.

The volume of investments increased by 218 percent compared to the same period last Iranian year. Thus, 15.3 trillion rials (about $365 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 9,700 people are envisaged to be employed at the enterprises licensed for six months. The employment increased by 106 percent compared to the same period last Iranian year. Thus, it was planned to employ about 4,700 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.

Tags:
Latest

Latest