TEHRAN - Some 440 industrial projects are going operational in Iran during the Ten-Day Dawn (February 1-11), which marks the 44th anniversary of the Islamic Revolution, Deputy Industry, Mining, and Trade Minister Mehdi Baradaran announced.

According to Baradaran, seven of the mentioned projects worth 10 trillion rials (about $25.2 million) are going to be inaugurated in Khuzestan Province which create direct job opportunities for over 600 people in this province, IRIB reported.

Regarding the supportive measures, the official said: “These measures are being taken in the industrial estates and are in the form of the allocation of land and suitable infrastructures, which there is a growing trend in this field, regarding facilities and provision of primary resources, especially in the field of petrochemical, chemical and metal products.”

“We have this promise for the owners of the industry that there will be no price increase in the cost of production in the coming months”, the deputy minister further stated.

As announced by the head of Iran Small Industries and Industrial Parks Organization (ISIPO), 1,191 idle production units have been revived in the industrial estates and zones of the country since the beginning of the current Iranian calendar year (March 21, 2022).

Referring to the addition of many lands to industrial estates last year, Ali Rasoulian noted: “This year, we focused on providing infrastructure for these lands, and infrastructure was provided for 2,151 hectares of lands.”

The official also announced that 2,170 idle production units have returned to the production cycle since the current government took office in August 2021.

According to Rasoulian, who is also the deputy industry, mining and trade minister, this approach is very important since the country has been dealing with the most severe international sanctions for many years; and while it relies more than ever on domestic production.

EF/MA