Iran industrial investment’s growth prospects bright

Financial Tribune – Investments worth 2.87 quadrillion rials ($21.83 billion) are expected to be made in industrial units for which establishment permits were issued and 592.35 trillion rials (over $4.5 billion) are estimated to be invested in projects with operating licenses in the last Iranian year (March 2018-19).

These investments indicate respective growth rates of 50.6% and 99.7% compared with the previous year, the latest report released by the Ministry of Industries, Mining and Trade shows.