NCRI – Evidence of the Iranian regime’s crumbling economy has intensified with reports of the closure of 400 brick production plants in Isfahan.
The shut-downs are the latest sign of plummeting consumer spending in the cash-strapped regime.
The ILNA state-run news agency wrote: “400 brick production units in Isfahan have closed down.” “The price of a completed bricks in Iran has increased which will result in the closure of more brick factories in the future.”
In the month of April alone, more than 80 percent of production units in the industrial city of Shiraz closed down.
A carpet dealer in Shiraz said: “The production units in Shiraz that are not sponsored by the government are on the verge of collapse and the production lines are dead.
“Over recent years, the government has given no support to private production units and so they have failed.”
Elsewhere, the Polyacryl Iran Corporation expelled 60 of its contract workers in February and the remaining workers are not paid for a month, according to reports.
In the province of Qazvin, more than 90 percent of glue factories are on the verge of collapse, including the Alborz and Delta factories. Both of these had 50 employees, but these are gradually being sacked.
And the weaving factory in Tabad, Qazvin province, is on the point of closure with only 100 of its original 1,200 employees still working, and complete closure looming in the coming weeks.
