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Activities of 17 industrial facilities resumed in Iranian province

Business Materials 17 October 2019 20:22 (UTC +04:00)

Baku, Azerbaijan, Oct. 17

By Elnur Baghishov - Trend:

During the six months (March 21-Sept. 22) of this Iranian year (began March 21, 2019), activities of 17 industrial facilities were resumed in the industrial parks of Iran’s Khuzestan province, Managing Director of Khuzestan Industrial Parks Company Akhlaq Mohammadian said, Trend reports via IRNA.

Mohammadian said that the industrial facilities stopped operations due to lack in raw materials and liquidity. Loans were provided to these facilities with the support of the Iranian government, the managing director noted.

Mohammadian added that 33 industrial facilities were commissioned in six months.

“With the investments worth 33.3 trillion rials (about $794 million), 418 people were employed in these facilities,” the managing director said.

There are 73 industrial parks in Khuzestan, 51 of them are operating, and the rest are under construction.

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