1,200 idle industrial units revived in Iran since last March

TEHRAN- The deputy interior minister for economic coordination has announced that 1,200 idle industrial units have been revived throughout the country in the current Iranian calendar year, which started on March 20, 2020.

Industry, Mining, and Trade Ministry was initially planning to revive 1,500 idle units in the current year, but then it revised its programs to revive 2,000 units.

Iran’s industrial parks play a significant role in making the country independent through boosting production, which is a major strategy of Iran to combat the U.S. sanctions.

In fact, strengthening domestic production to achieve self-reliance is the most important program that Iran is following up in its industry sector in a bid to nullify the effects of the U.S. sanctions on its economy.

In this due, the current Iranian calendar year has been named the year of “Surge in Production”, and all governmental bodies, as well as the private sector, are moving in line with the materialization of this motto.

Regarding its significant role in the realization of the mentioned goal, the Industry, Mining and Trade Ministry has already defined its main programs for supporting domestic production in the current year.

The ministry’s seven main axes of the surge in production are being pursued under 40 major programs.

In this regard, the development of industrial parks and supporting the units located in these areas is one of the major programs underway by the ministry.

MA/MA

Original News : https://www.tehrantimes.com/news/456717/1-200-idle-industrial-units-revived-in-Iran-since-last-March