کد خبر: 241030تاریخ: 1398/1/17 15:14
Iran to allocate over $9.5b to boost SMEs
Iran to allocate over $9.5b to boost SMEs
In a bid to protect the Iranian economy and develop industrial parks, a sum of $9.52 billion will be allocated to small- and medium-sized enterprises (SMEs) during the current Iranian year (started March 21), announced Deputy Industry Minister Mohsen Salehi-Nia on Saturday.

Salehi-Nia, who is also the head of Iran Small Industries and Industrial Parks Organization (ISIPO), added that his organization plans to expand the infrastructure of these production units, concentrate on increasing employment and job creation, reported.

The official said in March that Iranian SMEs exported products valued at $3 billion in the 11 months from March 21, 2018-February 21, 2019.

He expressed that a total of 60 exports consortia and 58 exports management companies have so far registered their licenses in the ISIPO.

Salehi-Nia added that the majority of the SMEs, which are involved in the fields of food, dried fruits, nuts, and garment industries, exported products worth $3 billion in the 11-month period.

He put the current number of industrial areas in the country at 983, of which 561 and 412 are related to the industrial towns and industrial parks, respectively.

Salehi-Nia further said that some 147,000 hectares were provided for the SMEs, adding, "59,000 hectares has so far been registered and allocated to the enterprises."

This comes, while about 22 percent of industrial and production units in the country have faced recession, he noted.

Attracting financial resources and liquidity is one of the major requirements of these economic enterprises, he said, adding, "This can ensure the optimal use of internal resources of banks and the National Development Fund of Iran (NDFI)."

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