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About 300 production facilities in Iran’s Alborz province register to get loans

Business Materials 26 October 2019 17:39 (UTC +04:00)

BAKU, Azerbaijan, Oct. 26

By Elnur Baghishov - Trend:

As many as 299 production facilities in Iran’s Alborz province have passed registration this Iranian year (began March 21, 2019) to get loans to increase their production, Chairman of the Alborz province Industry, Mine and Trade Organization Ramin Rabei said, Trend reports via Shata news agency.

Rabei noted that loans worth 11.7 trillion rials (about $280 million) have already been issued to the manufacturing and industrial facilities so far this Iranian year.

The chairman added that loans worth 8.47 trillion rials (about $201 million) were granted in Savojbolagh district, and 1.95 trillion rials (about $46.4 million) were granted in Eshtehard district.

Rabei also said that loans worth 91 billion rials (about $2.16 million) were granted in Karaj, 219 billion rials (about $5.21 million) in Nazarabad and 54 billion rials (about $1.28 million) in Fardis district.

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