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Iran to provide loans to enterprises in Chaharmahal and Bakhtiari Province

Finance Materials 11 September 2021 14:09 (UTC +04:00)
Iran to provide loans to enterprises in Chaharmahal and Bakhtiari Province

BAKU, Azerbaijan, Sept. 11

By Elnur Baghishov – Trend:

Eight enterprises in the Chahar Mahal and Bakhtiari Province (south-western Iran) will receive loans worth 327 billion rials (about $7.78 million) in fixed capital, Chairman of the Industry, Mine and Trade Organization of the province Sajjad Rostami said, Trend reports citing the organization.

According to Rostami, the organization has approved the issuance of loans worth 537 billion rials (about $12.7 million) to 17 enterprises in the province.

The chairman also added that 9 enterprises in the province will receive loans worth 210 million rials (about $5 million) in working capital.

“In addition, a program on the solutions of the problems of 6 enterprises in the province has been approved,” he said.

As reported, there are 920 industrial enterprises operating in Iran's Chaharmahal and Bakhtiari Province. This is about 1.34 percent of total industrial enterprises in Iran. About 21,000 people work in the enterprises in Chaharmahal and Bakhtiari Province. This is 0.98 percent of the total employment level in Iran’s industrial enterprises.

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