TEHRAN – The acting head of Iran Small Industries and Industrial Parks Organization (ISIPO) said 760 production units have gone operational in the country’s industrial parks and zones since the beginning of the current Iranian calendar year 1402 (March 21).

According to Farshad Moghimi, the inauguration of the mentioned units has created job opportunities for 15,960 people across the country, IRNA reported.

The official also mentioned the Industry, Mining and Trade Ministry’s program for reviving idle units, saying that 395 idle units have been revived since the beginning of the year so far, which have created jobs for 7,595 people.

Iran’s 13th government administration has managed to revive 5,400 idle and semi-active industrial units across the country since it took office in September 2021, an official with the Industry, Mining and Trade Ministry said in late August.

According to Ali Karimpour-Natanzi, the executive secretary of the government’s movement to revive idle economic units, the reviving of the mentioned units has created job opportunities for 118,000 people.

“There are currently 52,000 idle and semi-active units across the country, 12,000 of which are based in industrial parks and zones,” Karimpour-Natanzi said.

“We have a conceptual model for the reviving program in which the private sector as a contractor or middle link should revive stagnant units by receiving various facilities from the government,” the official said.

According to the official, attracting investment and liquidity is currently the main challenge that the country’s industrial production units are facing.

In the past few years, many of the production units across Iran have been wrestling with financial issues as well as the problem of supplying their raw materials, so that, many have been forced to shut down or decrease their activities.

The Industry Ministry’s program for revving such units has tried to identify major problems and issues that the production units are facing in order to bring them back into the production cycle by resolving such problems.

EF/MA