Decline in Iran’s H1 industrial investments

Financial Tribune – More than 1.37 quadrillion rials ($11.09 billion) worth of investments are estimated to have been made in industrial units, for which establishment permits were issued, while 203.65 trillion rials ($1.64 million) were invested in projects for which operating license were issued during the first half of the current Iranian year (March 21-Sept. 22).

The investment volumes show a respective decline of 21.4% and 38.8% compared with the similar period of last year, the latest report released by the Ministry of Industries, Mining and Trade shows.