BAKU, Azerbaijan, June 30
By Elnur Baghishov – Trend:
About 20.7 trillion rials (about $492 million) worth of loans were issued to manufacturing enterprises in the Qazvin Province (northern Iran) in order to increase manufacturing over the last Iranian year (from March 20, 2020 through March 20, 2021), Chairman of Industry, Mine and Trade Organization of Qazvin Province Azizollah Afzali said, Trend reports citing the organization’s website.
According to the chairman, the loans were issued to 445 manufacturing enterprises.
“In addition, 7.35 trillion rials (about $175 million) worth of loans were issued to 41 enterprises in the last Iranian year for the purpose of renewal and development of manufacturing enterprises,” he added.
Afzali said that there are currently 3,620 enterprises operating in Qazvin Province. A total of 155 trillion rials (about $3.68 billion) has been spent on these enterprises. These enterprises employ more than 153,000 people.
The official noted that work is underway to restore the activities of manufacturing enterprises and increase production in the province.
Reportedly, there are about 4,000 enterprises in Iran's Qazvin Province.