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Iran official admits that 56 percent of industrial units are shut down

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Iran official admits that 56 percent of industrial units are shut down

A senior Iranian official with Industrial Parks in Hormozgan Province admitted that 56 percent of the province’s industrial units have been forced to shut down.
In an interview with the Tasnim news agency, affiliated to the regime’s Revolutionary Guards (IRGC) Quds Force, Bahman Gholampour, director of the Shahrakhaye Sanati Hormozgan Co., acknowledged the deterioration of the economy in the province.
“These units mainly lack liquidity and adequate markets to sell the products and they have been closed or semi-active for 10 to 15 years, and 56 percent of these closed units are faced with liquidity problems. In order to start up these industrial units, a subsidized facility to an amount of 1 trillion Rials (U.S. $33 million) is needed,” Gholampour said in the interview on Monday.
Last month, the Iranian regime’s Deputy Minister of Industry, Mine and Trade acknowledged that some 7000 of Iran’s industrial units are currently inoperative nationwide.
Ali Yazdani, who is also managing director of the state body Iran Small Industries and Industrial Parks Organization (ISIPO), said on April 30 that out of 37,120 industrial units situated in industrial townships and areas in Iran, 7,000 have been completely closed down.
The Iranian regime’s Supreme Leader Ali Khamenei, speaking in Mashhad on March 20, said: “There are reports indicating that 60 percent of domestic production resources have either ceased to operate or are functioning below capacity.”
Tasnim reported that on April 9, Arman Khaleqi, a member of the board of directors of the regime’s House of Industry and Mines, said: “Today, in the most optimistic assessment, around 10,000 production units are not working. If we consider that we have 67,000 production units in the country, then we are currently facing 30 percent stagnation.”
Pointing to the fact that 50 percent of the units situated in the industrial townships are working at 25 percent capacity, Khaleqi said: “This shows a severe stagnation in the production units.”