TEHRAN – The number of establishment, exploration and operation permits issued during the last Iranian calendar year (March 2017- March 2018) increased significantly compared to its preceding year, the Iranian Ministry of Industry, Mining and Trade’s news portal (Shata) reported on Monday.

According to the report, during the mentioned period the figures for establishment, exploration and operation permits rose by 22.2 percent, 25.5 percent and 3.2 percent, respectively.

Last year, some 20,767 permits were issued for establishing new units while during the Iranian calendar year of 1395 (March 2016-March 2017) only 16,988 permits were issued.

Meanwhile, the number of issued exploration permits reached 998, some 203 permits more than that of 1395.

The issuance of operation permits also rose to 5,831 last year, creating 102,944 job opportunities while during the Iranian calendar year of 1395 the number of issued permits was reported to be 5,652.

EF/MA