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Over 70% of investments in Iran’s Semnan account for metal, chemical industries

Business Materials 31 October 2018 17:35 (UTC +04:00)

Baku, Azerbaijan, Oct. 31

By Elnur Baghishov – Trend:

Seventy-six percent of investments in Iran’s Semnan province account for metal and chemical industries, IRNA cited Rasheed Yazdan-Fard, Deputy Chairman for Industrial Issues at the Industry, Mine and Trade Organization of Semnan, as saying.

He said the investments mainly account for chemical and cellulose products.

Yazdan-Fard said that about 65 percent of jobs account for the metal and chemical industries in the province.

An average of 39 billion rials (about $928,571) has been invested in each production unit in metal industry, he said.

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