Mohsen Zanganeh, head of the Iranian parliament's special committee for supporting production, said the war caused $15-20 billion in damage to manufacturing plants, with only 20-30% of damaged units resuming operations. He identified petrochemical plants, refineries, steel, and tourism as the hardest-hit sectors. Zanganeh said the government and parliament are advancing support packages, loans, and incentives for reconstruction.
Mohsen Zanganeh, the Iranian official who chairs the Majlis special committee for supporting production, provided the assessment on Sunday, estimating that the war has cost Iran's manufacturing sector $15-20 billion. He said only a fifth to a third of damaged industrial units have resumed operations, with petrochemical plants, refineries, steel, and tourism hit hardest.
The statement adds to a growing body of reports on the economic toll of the war on Iran. As The Zioneer has reported, the head of Iran's largest petrochemical group claimed on June 18 that 89% of idled petrochemical units had returned to production — a figure that appears to conflict with Zanganeh's broader estimate. The IMF has forecast a 6.1% contraction of Iran's economy this year, the sharpest since the 1980s, with inflation near 70%. Iran's banking crisis has also caused estimated damage of 100 trillion tomans, with major banks still disrupted after four weeks.
Zanganeh's estimate is based on a single official source and has not been independently corroborated. The Iranian government has allocated funds for reconstruction, including support packages and loans, but the full scale of recovery remains unclear.
- DevelopingWar casualty update: Iranian military deaths estimated between 1,225–6,624, US reports 18 killed
- DevelopingIran allocates ~$14M to rebuild four universities damaged in US-Israeli strikes
- DevelopingIran's largest petrochemical group says 89% of idled units return to production
- StrongNetanyahu claims massive economic damage to Iran's IRGC, says recovery will take 'a long time'
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