Economy in Isfahan
From Wikipedia, the free encyclopedia
Commerce has always been central to the growth of Isfahan, to the extent that the Safavid Shah Abbas I (1588–1629) effectively re-routed the Silk Road through Isfahan.[1] As of 2019, economic transparency is lacking in Isfahan.[2] The Association of Mass Builders of Housing and Construction is an institution to encourage professionalism and create a suitable platform for investment.[3] The Isfahan 1405 (2026) strategic plan is the sixth five-year plan of the city that has been uploaded on the municipal transparency site, and citizens can view it.[4]
| Currency | Iranian rial ريال |
|---|---|
| Statistics | |
Main industries | iron, steel, mining, export, infrastructure building |
All values, unless otherwise stated, are in US dollars. | |
Production
Since Safavid times, goldsmithing, carpet weaving, textile, and coppersmithing became popular in Isfahan.[5] Jey Oil Refining Company has a production and storage site in Isfahan.[6] City is a furniture production hub in the country.[7] Some of the industrial districts within a 50-kilometer radius of the city are Jey Industrial Estate, Sagzi, Mohammad Abad, Dowlatabad, Isfahan.[8][9] Some of the markets are Shoes, Bags, Cars, Computers, Home appliances, Food, Pharmaceuticals and Gardening.[10] Isfahan is known for the Isfahan rug.
Notable companies based in Isfahan include:
- Solomon Carpet
- Esfahan Steel Company
- Defense Industry Complex, Isfahan
- Isfahan Tree Research Centre
- Milk and Meat Company, Isfahan
- Sepahan Factory Town Complex
- Isfahan Refrigerated Produce Company
- Hoseynabad va Mahmudabad Industrial Estate of Isfahan
- Isfahan Airport Industries
Technology and infrastructure
For reducing unemployment, according to Tasnim, it is recommended to build a dry port for goods, in special economics logistics east region of the city because of the airport, railway, highways, and roads.[11] Isfahan uranium processing facility is responsible for nuclear enrichment. Construction began in 1993.[12] Montazeri Power Plant is located in the north of Isfahan next to the Oil Refinery. The plant has eight units of 200 megawatts, with a production capacity of 1600 megawatts in total.[13] Startup Grind Isfahan hosts monthly startup events.[14] Isfahan Science and Technology Town is one of the technology parks in Iran,[15] and Isfahan University of Medical Sciences Health Science and Technology Park opened 2019.[16][17][18]
Recreation
| Number | Name | Stars |
|---|---|---|
| 1 | Abbasi Hotel | 5 |
| 2 | Kosar | 5 |
| 3 | Piruzi | 4 |
| 4 | AliQapu | 4 |
| 5 | Venus | 4 |
| 6 | Keryas | 4 |
| 7 | Aseman | 4 |
Sport clubs
Tourism
There are almost 150 hotels,[20] Sarouyeh is a chosen tourism area in Isfahan Province.[21]
Wealth and distribution
Some of the special markets inside the city are the medicinal herbs market, flower & plants market, fish market, meat market. There is a program to build Kowsar hypermarkets in every district by Isfahan Municipality's Organization for Organizing Urban Jobs and Agricultural Products.[22][23] In 2019 680 child workers were identified by charity groups.[24] District 14 is one of the most impoverished places in the city with the highest number of children under 14 and a high crime ratio.[25] Oman Samani neighborhood with a population density of 222 people per hectare and 55% of immigrants has the highest population density in Isfahan.[26]
Further reading
Gallery
Market Esfahan
Market Esfahan
Carpet weaving
