807 industrial estates operating or ready to start operation in Iran

November 21, 2018 - 18:34

TEHRAN- Some 807 industrial estates are already operating or are ready to start operation throughout the country, according to Iranian Deputy Industry Minister Mohsen Salehinia.

The official said 33,000 production and industrial units have been already established in these estates, IRNA reported.

In August, Sadeq Najafi, the managing director of Iran Small Industries and Industrial Parks Organization (ISIPO), announced that some 4,600 small and medium-sized units are under construction in industrial estates of the country and put the physical progress of constructing these units at over 70 percent.

The official further said that when these units start operation, 74,000 new jobs will be created in the industrial estates.

He also has announced that 36 Iranian SMEs attracted above $2.3 billion of foreign investments during the previous Iranian calendar year.

Iran’s small and medium-sized enterprises (SMEs) account for just 10 percent of the country’s exports, according to the managing director of Small Industries Investment Making Fund.

Mohammad-Hossein Moqiseh said it is while export by the SMEs is 60 percent in Japan, 70 percent in Taiwan, and 90 percent in Singapore.

MA/MA

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