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Investments in industrial parks of Iran's Qazvin Province announced

Finance Materials 9 January 2021 12:43 (UTC +04:00)
Investments in industrial parks of Iran's Qazvin Province announced

BAKU, Azerbaijan, Jan. 9

By Elnur Baghishov – Trend:

A total of 39 trillion rials (about $928 million) have been invested in the industrial parks of the Qazvin Province (western Iran) since the beginning of the current Iranian year (March 20, 2020) to date, 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 noted that this volume of investment was made by 180 local and foreign investors. While, in the same period last Iranian year, 89 investors invested in the industrial parks of Qazvin Province.

The chairman added that as a result of these investments, 184 hectares of land were allocated to investors in industrial parks.

“It is projected that 7,000 people will be employed at the facilities to be launched with the investments,” he said.

Khanpour stressed that the most amount of investments were made in Liya, Caspian 1, Caspian 2, Khorramdasht, Heydariyeh, and Arasanj industrial parks.

There are about 20 industrial parks in Iran's Qazvin Province. About 1,000 manufacturing enterprises operate in these industrial parks.

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