Iranian SMEs’ exports hit $4b

Financial Tribune – Iranian small- and medium-sized enterprises exported goods worth $4 billion during the last Iranian year (March 2018-19), according to Deputy Industries Minister Mohsen Salehinia.

The exports were made by 1,100 export-oriented SMEs, he added.

Iran is home to 811 industrial parks and estates. Currently, there are 43,630 small- and medium-sized production units in these industrial parks, 77.5% of which are active, Donya-e-Eqtesad reported.

The active production units have created 710,000 jobs while the inactive ones have the capacity to create 180,000 jobs. More than 1,350 units are expected to be revived by the [fiscal] yearend [March 19, 2020],” Salehinia said.

According to the official, who doubles as the head of Iran Small Industries and Industrial Parks Organization, the financial resources of Iran’s Small Industries Investment Guarantee Fund will be doubled by the end of summer (Sept. 22).