Four thousand seven hundred and ninety billion riyals of industrial and mineral investment in neighborhoods was realized

Four thousand seven hundred and ninety billion riyals of industrial and mineral investment in neighborhoods was realized
  • 2020-01-01
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Head of the Department of Industry, Mining and Commerce of Mahallat City: Four thousand seven hundred and ninety billion riyals of industrial investment were achieved this year in the city which is a hundred percent increase over the same period last year.

According to Iran's International Stone Exhibition, Reza Maleki said: "This amount of investment has been issued through the issuance of sixteen licenses for production and industrial exploitation of stone in Mahaleh city.

He said: "With the launch of these industrial and industrial units, one hundred and thirty-six direct job opportunities have been provided.

The head of the Mahalat Industry, Mining and Trade continued: Forty-three licenses were issued this year in the Mahalat industry, with an estimated capital requirement of four thousand three hundred eighty-six billion rials.

Maleki said: "These units provide up to seven hundred jobs in stone cutting and processing, chemical production, paper production from stone and metal industries."

Maleki noted: Two hundred and sixty billion riyals were invested last year in the industrial sector of the city, which provided employment for seven hundred and forty-four people.

He said: There is an industrial town, a district and two industrial hubs in Mahallat city where two hundred and ninety licensed industrial units operate.

The head of Mahallat city's industry, mining and commerce added: "More than four thousand new and sustainable jobs were created in these industrial units."

Maleki said there are 155 mines in Mahallat city, with seventy-five units operating and sixty-two units operating in the Travertine rock area.

The head of the Mahalat city's industry, mining and commerce department added that the city's 50% share of the economy in producing raw and decorative stones has been a boon for the city.

Mahalat city, located in the south of the central province, two hundred sixty-two kilometers southwest of the country's capital, has a population of fifty-five thousand and is known for its ornamental stone, ornamental and floral and tricot production.

* IRNA