According to IRNA, 55 electricity projects valued at 2.057 trillion rials (about $48.9 million) are among the projects scheduled by the Energy Ministry to be inaugurated In Semnan Province in the mentioned week.

The said projects include the construction of a 63 kV line in Eyvanekey industrial park, seven electricity network optimization projects, and the execution of fiber optic lines in power stations.

As reported, the projects will go operational in Garmsar, Miami, Shahroud, Semnan, and Sorkheh cities.

Meanwhile, 49 electricity projects worth 415.134 billion rials (about $9.8 million) will also be put into operation in Yazd Province during the Government Week.

The mentioned projects will be inaugurated in a variety of areas including the development and construction of networks in urban and rural areas, optimization of networks in rural and urban areas and providing lighting for cities and villages.

In another report, Mehr News Agency quoted the Head of Golestan Province’s Regional Water Authority as saying that 36 water projects with a total investment of 140.9 billion rials (over $3.3 million) are set to go operational during the said week.

Mohsen Hosseini noted that the mentioned projects are mainly rivers engineering and water supply projects.

Seven agriculture projects worth 208 billion rials (about $4.9 million) are also going to be inaugurated in Amol city, Mazandaran Province to celebrate the mentioned week.

According to the Head of Amol City Agriculture Department Hossein Eslami, the projects include equipping, renovation and integration of paddy fields, three greenhouse projects, a project to renovate a rice mill, equipping and electrifying agricultural wells and implementing a new irrigation system.

Also, in Lorestan Province, 39 agricultural projects worth 1.07 trillion rials (about $25.6 million) are set to go operational in the Government Week.

According to the Head of Lorestan Agriculture Department Esfandiar Hosseini Moqadam, 21 projects in the field of water and soil, six projects in the field of horticulture, one project in fisheries, two projects in the field of livestock, three projects in the field of conversion and food industries, and four projects in nomadic areas are among the projects that will be inaugurated in this province.

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President Hassan Rouhani inaugurated the mentioned projects through video conferencing in various provinces including East Azarbaijan, West Azarbaijan, Khuzestan, Hormozgan, Gilan, and Sistan-Baluchestan, Mehr News Agency reported.

Put into operation in Kish, Qeshm, Arvand, Aras, and Anzali free trade and special economic zones, the said projects are going to provide direct employment for about 2,090 people.

As reported by IRNA, in this series of inaugurations 15 production and development projects with a total investment of 26.19 trillion rials (about $623 million) were put into operation in the Aras Free Trade Zone which will create jobs for 575 people, while 11 infrastructure projects worth 2.25 trillion rials (about $53.57 million) were inaugurated in Arvand Free Zone, which will provide employment for 260 people directly.

Also, 15 projects were put into operation in Qeshm Free Trade Zone, the investment value of which is 24.80 trillion rials (about $590 million) and will create jobs for 880 people. In Kish Free Zone, nine projects worth 26.89 trillion rials (about $640 million) were inaugurated which create job opportunities for 375 people.

The president also ordered the beginning of several development projects with a total investment of 420 trillion rials ($10 billion). These projects are going to create jobs for 7,117 people when put into operation.

One of the most important projects that were inaugurated on Monday in the Arvand Free Trade Zone, was the Shalamcheh-Basra railway.

Shalamcheh-Basra railway route which connects the southwestern Iranian city of Shalamcheh to Basra in Iraq is 32 kilometers long along which a 700-meter bridge is also constructed.

According to the Secretary of Iranian Free Zones High Council Hamidreza Mo’meni, currently, 621 development projects are being implemented in free trade and special economic zones, which have average physical progress of 50 percent.

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Put into operation following the series of inaugurations started in the previous Iranian calendar year (ended on March 20), the said projects were based in the free trade and special economic zones of East Azarbaijan, Khuzestan, Alborz, Hormozgan, and Sistan-Baluchestan provinces.

Some 38 large industrial, construction, infrastructure, and agricultural projects with a total investment of 19.278 trillion rials were among the projects that were put into operation in Aras Free Zone in East Azarbaijan.

Four major development projects worth four trillion rials (about $95.2 million) were also inaugurated in Alborz to create job opportunities for over 125 people.

As for Khuzestan province, eight industrial projects with 14.427 trillion rials (about $343 million) of investment by domestic firms plus €1.6 million of foreign investment were among the inaugurated projects in Arvand Free Zone.

Four major industrial and development projects were also put into operation in Sistan-Baluchestan’s Chabahar free trade zone to create direct jobs for 675 people.

Several projects were also inaugurated in Qeshm free trade zone.

Over the past few years and especially since the re-imposition of the U.S. sanctions, the Iranian government has been taking serious measures for promoting domestic production and pushing the country’s economy towards self-sufficiency while cutting reliance on oil.

In this regard, last year, which was named the year of Surge in Production by the Leader of the Islamic Revolution Seyed Ali Khamenei, the government started a program in which every week several projects would be inaugurated across the country to show that the country’s economy is still dynamic and moving forward.

The program has been continued in the current year which is named the year of “Production: Support and Elimination of Obstacles” despite the pandemic and the restrictions created by the U.S. sanctions.

Since the beginning of the current years, every week several industrial, development, infrastructure, production, and agricultural projects have gone operational in various provinces.

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TEHRAN (Iran News) – The CEO of the National Petrochemical Company, NPC Co., said that the company has launched an initiative to orchestrate petrochemical projects in the industry.

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“We intend to invest as much as we can in development sector in the next [Iranian calendar] year (starts on March 19, 2020), so we have increased the budget for this sector by 53 percent to achieve significant growth,” Mohammad Baqer Nobakht said on the sidelines of the 12th meeting of the budget headquarters on Monday.

Last week, Nobakht had announced that the government is going to allocate all revenues from oil sales to the development projects following structural reforms in the next Iranian calendar year’s budget bill.

According to the official, the revenues gained from elimination of hidden energy subsidies as well as increased tax incomes will replace oil revenues.

“This does not mean a rise in tax income; but by setting new tax bases and eliminating unnecessary exemptions at a time of economic warfare, more tax revenues will be provided,” he explained.

Back in September, Nobakht had announced that the government was going to submit the budget bill for the next Iranian calendar year to the parliament on December 6 as scheduled.

According to the official, this year, PBO has decided to send the information about the state-owned companies’ budget to the Majlis (Iranian parliament) a month earlier so that the parliament would have enough time to review it.

The members of the budget preparation committee at PBO are seriously working on the bill and while the views may differ in some areas, the consensus among all members will be the base for the final decision making, Nobakht said.

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These development projects open a new chapter for the border province while creating direct jobs for 117,000 people and indirect jobs for 40,000 persons, as announced by Iranian Energy Minister Reza Ardakanian, who accompanied the president during his trip.

As reported, the water projects supply drinking water for over 400,000 persons.

Silveh Dam and irrigation-drainage canals, Karam-Abad Dam and water transferring pipeline and three pumping stations, Sardasht Dam and Power plant, and Boylapoush Dam were some of the water projects that President Rouhani launched or put into operation in person or through video conference in the province.

Such projects play some significant role in sustainable development of the border provinces and promoting the living condition of their people, while preserving the environment.

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As announced by the Oil Ministry, the third phase of gas condensate refining unit of Persian Gulf Star Refinery in southern province of Hormozgan, the project to increase the production capacity of Bandar Abbas Oil Refinery and elevate the quality of its produced gasoline, desulfurization of gasoil produced in Tabriz Refinery, supplying required water for Abadan Refinery from Bahmanshir River, project to organize export operation at Mahshahr Port in southwestern province of Khuzestan, and building Abadan-Ahwaz-Arak-Tehran pipeline are some of the main projects to be inaugurated by NIORDC during the mentioned time.

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Calling on the government to prepare proper ground for completion of all such projects, Alim Yarmohammadi underlined the significance of attracting foreign investments in this regard.

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