Iran: 440 industrial ventures being established throughout Ten-Day Dawn


(MENAFN) An amount of 440 industrial ventures are going functional in Iran throughout the Ten-Day Dawn (February 1-11), which indicates the 44th anniversary of the Islamic Revolution, Deputy Industry, Mining, and Trade Minister Mehdi Baradaran mentioned in an announcement.

In line with Baradaran, seven of the stated ventures valued at 10 trillion rials (around USD25.2 million) will be established in Khuzestan Province which initiate direct job prospects for more than 600 people in this district, as reported by IRIB.

Talking about the supportive actions, the official stated that “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 additionally mentioned.

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