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Iran: 70% of Factories Have Been Shut Down in Iran

Darogar

NCRI – Chairman of the House of Industry Mines and Trade of Iran, Wahab Sahlabadi, said that “only 30 percent of manufacturing units in Iran are active and the remaining 70 percent have been closed or are operating well below capacity.”

According to the terrorist Quds Force news agency, known as Tasnim, Seyyed Abdul Wahab Sahlabadi, pointed out that debt of manufacturing units in Iran is getting heavier and no one thinks about a strategy in this area, and said: “Today in total 30% of production units are active that shows that 70 percent of the production units closed or are operating well below capacity.”

Sahlabadi added: “The current situation of production sector is not adequate with the current bank system situation, every year the debt of production units become heavier and no solution has been provided in these years for it. The new facilities also have added a new charge to the past deferred debts of producers. “

Previously the International Monetary Fund had predicted next year economic growth in Iran would be halved. And compared to announce 6.5 percent, this figure will be 3.3 percent in 2017.

Ali Yazdani, CEO of Small Industries and Industrial Parks, also previously announced that in just six months, more than 7 thousand industrial units have been shut down in Iran.