Iran taking special measures to revive industry
Tehran, Iran, June 15
By Mehdi Sepahvand - Trend:
The Iranian government is taking special measures to revive the country's industries, Minister of Industry, Mine, and Trade Mohammad Reza Nematzadeh said.
As an example, 7,500 industrial units are going to be given facilities to make up for their budget deficits and build themselves up, he told IRIB TV June 14.
Also, the ministry has urged the Central Bank of Iran to postpone these units' debt maturation dates for one year to give them some time to build themselves up, Nematzadeh pointed out.
So far 400 units have been referred to banks to receive their facilities, he stated.
Iran's government plans to revive 9,000 small industrial units in the current Iranian year (to end March 20, 2017), said Deputy Minister of Industry Ali Yazdani in April.
He said the Small Industries Investment Fund will be used as an effective tool to help the closed and half-closed units.
The staff training at industrial units is one of the programs on agenda for this year, whereby 100,000 people in small industrial units are planned to be trained.
Some 882,000 people in Iran entered the labour market last fiscal year (ended March 20, 2016), the government spokesman Mohammad Bagher Nobakht said April 5.
At the same time, he said, employment in the country's industrial sector has dropped by 44,000 people since last year.