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Iran's ISIPO pens agreement with small industries

Business Materials 30 September 2021 09:28 (UTC +04:00)
Iran's ISIPO pens agreement with small industries

TEHRAN, Iran, Sep. 30

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Iran Small Industrial and Industrial Parks Organization(ISIPO) has signed memorandums of understanding (MOUs) with the Industrial Engineers Basij Organization said the Deputy Minister of Industry, Mine, and Trade, Trend reports.

Iran Small Industrial and Industrial Parks Organization priority is to provide land for industrialists while the Industrial Engineers Basij Organization has planned to establish infrastructures and invest in manufacturing factories, Ali Rassoulian noted.

A total of 2,000 industrial units are targeted to revive in the current Iranian year (started March 21, 2021). According to the following MoU 10,000 hectares of land are allocated to the development and construction of industrial parks across the country.

The Ministry of Energy has received credit to supply electricity to industrial cities.

In line with the ministry's policies, Iran Small Industries and Industrial Parks Organization (ISIPO) has taken serious measures for supporting Small and medium-sized enterprises and one of the major programs is reviving inactive industrial units.

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