Over $180m invested to develop Golestan Province’s industrial parks

December 7, 2020 - 11:58

TEHRAN- Some 7.575 trillion rials (about $180.35 million) of investment has been made for the implementation of 57 projects in the industrial parks of Golestan Province, in the northeast of Iran, during the first eight months of the current Iranian calendar year (March 20-November 20), according to a provincial official.

Hojjatollah Khalilzadeh, the managing director of Golestan Province’s Industrial Parks Company, said the figure has been seven times more than that of the same period of time in the past year, adding that 983 billion rials (about $23.4 million) had been invested for the implementation of 22 projects in the industrial parks of the province during the first eight months of the previous year.

Mentioning the government’s attention to the establishment of infrastructures to materialize the motto of surge in production in all provinces including Golestan, the official further stated that the projects underway in the industrial parks of the province are estimated to create jobs for 1,379 persons.

31 idle industrial units revived in province since late March

Khalilzadeh further announced that 31 idle industrial units have been revived in the province since the beginning of the current Iranian calendar year (March 20).

He said that 19 idle units had been revived in the province during the same time span of the past year.

There are 24 industrial parks and zones, and one special economic zone in Golestan Province in the northeast of Iran.

As the acting head of Iran Small Industries and Industrial Parks Organization (ISIPO) has announced, 991 idle industrial units have been revived in the country since the beginning of the current year.

Asghar Mosaheb said that reviving the mentioned units has created jobs for 17,090 persons.

The official said there are over 46,000 small and medium-sized industrial units in Iran’s industrial parks and zones, of them about 9,200 units are inactive.

Industry, Mining, and Trade Ministry was initially planning to revive 1,500 idle units in the current year, but then it revised its programs to revive 2,000 units.

Bringing the mentioned 991 units back to the production cycle, the plan for reviving such units in the present year has been completed by 66 percent.

According to Mosaheb, preventing from the inactive status of the industrial units is a major plan of ISIPO, while lack of liquidity, problems in terms of supplying raw materials and machinery, and absence of market are the main reasons making the units inactive.

ISIPO’s Previous Head Mohsen Salehinia has said that providing liquidity is the main issue for many of the country’s production units, so based on the arrangements made, these units can receive part of their needed liquidity through bank facilities.

"Currently, the share of the country's production and industrial units in receiving bank facilities is about 31 percent and it is necessary to allocate a larger share of banking facilities to the country's production and industry," he added.

Given the position of production in the country's economy and employment, and the fact that production units are facing lack of liquidity to supply raw materials and equipment, it is necessary to increase their share of bank facilities up to at least 40 percent, Salehinia stressed.

He further said: "Despite all the limitations, we are currently witnessing an increase in production in some units, for example those active in the field of home appliances; also, according to the plans made and by solving the problems in the way of the production and industrial units, we will realize the motto of “Surge in Production” by the end of this year.”

Strengthening domestic production to achieve self-reliance is the most important program that Iran is following up in its industry sector in a bid to nullify the effects of the U.S. sanctions on its economy.

To this end, the current Iranian calendar year has been named the year of “Surge in Production”, and all governmental bodies as well as the private sector are moving in line with the materialization of this motto.

Regarding its significant role in the realization of the mentioned goal, the Industry, Mining and Trade Ministry has already defined its main programs for supporting the domestic production in the current year.

The ministry’s seven main axes of the surge in production are going to be pursued under 40 major programs.

In this regard, the development of industrial parks and supporting the units located in these areas is one of the major programs underway by the ministry.

While this program is being seriously pursued, the lack of necessary infrastructure in the industrial parks is impeding their development, therefore, the creation of needed infrastructure in the industrial parks has been put on the agenda.

MA/MA

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