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Certain investments to be made into industrial parks of Iran’s Qazvin Province

Finance Materials 29 November 2020 22:48 (UTC +04:00)
Certain investments to be made into industrial parks of Iran’s Qazvin Province

BAKU, Azerbaijan, Nov. 29

By Elnur Baghishov – Trend:

A total of146 contracts were signed in connection with the making of local and foreign investments into industrial parks of Qazvin Province (northern Iran) during the first eight months of the current Iranian year (from March 20 through November 20, 2020), Chairman of Iran Small Industries and Industrial Parks Organization’s (ISIPO) branch in Qazvin Province Hamidreza Khanpour said, Trend reports citing the organization’s website.

Khanpour stressed that the number of contracts signed for making of investments into the industrial parks of Qazvin Province increased by 1.8 times compared to the same period last Iranian year. So, 80 contracts were signed in the same period last Iranian year.

The chairman noted that the total value of investments to be made into industrial parks of Qazvin Province amounts to 23 trillion rials (about $548 million).

"It is hoped that about 4,670 people will be employed at the enterprises to be established on the basis of these contracts," he said.

Khanpour added that the largest amount of investments will be made into Lia, Caspian 1 and Caspian 2, Khorramdasht, Heydariyeh and Arasanj industrial parks.

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