Iran industrial investments on growth trajectory

Financial Tribune – More than 2.42 quadrillion rials ($16.54 billion) worth of investments are expected to be made in industrial units for which establishment permits were issued, while investments worth 510.72 trillion rials ($3.48 billion) are projected in projects for which operating licenses were issued during the 11 months to Feb. 19.

The abovementioned investment volumes indicate a respective growth of 61.5% and 113.8% compared with the similar period of last year, Ministry of Industries, Mining and Trade’s latest report shows.