Iran’s oil industry requires $275 billion of investment to increase and maintain production in oil and gas fields in the next 17 years, an official with the National Iranian Oil Company (NIOC) said.
Iran exported commodities valued at $3.3 billion to Turkey during the first nine months of the current Iranian calendar year (March 21-Decemebr 21, 2023), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
The Secretary of Iran’s Free Zones High Council Hojatollah Abdolmaleki inaugurated two major industrial projects completed with a total investment of 2.7 trillion rials (about $5.4 million) in Anzali Free Zone, Freena reported on Wednesday.
As announced by a provincial official, 54 idle production units were revived in Isfahan province since the beginning of current Iranian calendar year (March 21, 2023).
TEDPIX, the main index of the Tehran Stock Exchange (TSE), gained 2,565 points (0.12 percent) to 2,156,521 on Tuesday, which is the fourth day of the Iranian calendar week.
Iranian tire manufacturers produced 33,868,349 car tires in the first nine months of the current Iranian calendar year (March 21-December 21, 2023), indicating one percent rise as compared to the number of tires produced in the same period of time in the previous year.
As announced by the managing director of New Towns Development Company, the construction of 200,000 units of the National Housing Movement plan begun in the new towns.
The electricity generation capacity of the power plants constructed by Iran’s MAPNA Group has reached 50,220 megawatts (MW) which is more than the generation capacity of 160 countries including Switzerland, Sweden, Netherlands, Finland, Argentina, and Norway.
As announced by a provincial official, 9,624,473 tons of oil products and non-oil goods were loaded and unloaded at the ports of the west of Hormozgan province, in the south of Iran, during the first nine months of the present Iranian calendar year (March 21-December 21, 2023).
The head of Iran’s Trade Promotion Organization (TPO) has called the conclusion of the free trade agreement (FTA) with Eurasia an opportunity to increase the competitiveness of the country’s production and industrial units and an incentive to expand export markets.