Kholousi: 13% growth in the mining sector requires 30 billion dollars of investment / Emphasis on returning the funds of shares’ transferred to IMIDRO.

According to IMIDRO&'s public relations, Somayeh Kholousi, speaking at a synergy meeting between members of the Industries and Mines Commission of the Islamic Consultative Assembly with IMIDRO’sChairman of the Executive Board of Directors and the deputies of this organization, pointed to the keyrole of this sector in the national economy and stated:
"Last year, the mine and mining industries sector made more than 330 trillion Tomans in income for thecountry and provided employment for more than 500,000 people."
According to her, the increased attractiveness of investment in this sector raised the share of mining industries to reach 24 percent of the country's capital market value.
The Deputy of Planning and Empowerment of IMIDRO added: The value of exports from the mine and mining industries chain has reached more than 13 billion dollars.
Meanwhile, the total value of production in the mine and mining industries sector is estimated at 35 billion dollars, of which 14 billion dollars is allocated to non-oil exports. Kholousi regarded this trend as asign of the country's decreasing dependence on imports of raw materials for other industries.
She also spoke regarding IMIDRO's new strategies, and added: "Completing the value chain with a focus
on unfinished projects, developing new and smart technologies, strengthening energy infrastructure,and playing a more active role in removing barriers to production are among the priorities of this organization." Referring to IMIDRO’s performance this year, Kholusi declared: in 1403 (Iranian Calendar) approximately $3 billion worth of projects were commissioned, and for 1404 (Iranian Calendar) the completion of $2.9 billion in projects has been targeted.
Referring to the existing challenges, Kholousi emphasized: Legal and administrative restrictions have prevented the launching of IMIDRO's development missions. We expect this organization to be managed in accordance with its articles of association so that it can deliver greater added value to the country’s economy.