Reviving idle industrial units creates 27,000 jobs in a year

June 13, 2021 - 15:16

TEHRAN- As announced by the head of Iran Small Industries and Industrial Parks Organization (ISIPO), reviving idle industrial units in the country created 27,000 new jobs during the past Iranian calendar year (ended on March 20).

“Despite the two major challenges of sanctions and coronavirus pandemic, which imposed severe restrictions on the country, we tried to activate domestic capacities by turning to localizing the technology of manufacturing parts and equipment”, Ali Rasoulian stated.

Sanctions have caused problems for financial exchanges and the export of goods to other countries, he said, adding, “The negative effects of coronavirus pandemic on various parts of the country, including industry, are not hidden from anyone, and the economic growth of some countries has reached below zero during this period.”

Iran is proud that despite these restrictions and pressure from these two important challenges, its industry has grown by more than seven percent, according to the statistics and reports from various sectors, the official further highlighted.

In April, Rasoulian stated that Industry, Mining and Trade Ministry plans to revive 1,600 idle industrial units throughout the country in the current Iranian calendar year.

He said that these units are generally stagnant or operating below capacity for a variety of reasons.

Referring to reviving 1,557 idle units in the country during the past Iranian calendar year, the official said that 59 percent of those units’ problem was due to the financing.

With the aim of reactivating stagnant units or units that are operating below capacity, 900 consultants from the private sector and knowledge-based companies were selected in the form of industry clinics across the country to recognize the weaknesses of these units, the official stated.

He also informed that the new incentive package of ISIPO, which has also been approved by the minister of industry, mining and trade, has been announced.

Deputy Industry, Mining, and Trade Minister Mehdi Sadeqi Niaraki has said that over 6,500 new industrial units were established across the country during the past year which created jobs for over 121,000 people.

Touching upon the Industry Ministry’s plans for the realization of the motto of the current year which is named the year of “Production: support and the elimination of obstacles” by the Leader of the Islamic Revolution, the official said: “In the year that has been dedicated to the production sector by the Leader of the revolution, the orientation of all government organizations and executive bodies should be towards supporting the country’s industrial and mining units.”

Niaraki pointed to a 40-percent increase in the issuance of establishment licenses for industrial units in the previous year, saying: “The number of establishment licenses increased to more than 36,000 last year, which shows that people are encouraged to invest in the productive sectors.”

He also mentioned an 85-percent rise in the allocation of land for establishing industrial units across the country and noted that over 4,500 hectares of land were handed over to applicants in the previous calendar year.

According to the official, 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.

MA/MA

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