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Chinese companies seeking to invest in Imam Khomeini special zone

Business Materials 3 February 2015 18:08 (UTC +04:00)

Baku, Azerbaijan, Feb. 3

By: Khalid Kazimov - Trend:

A delegation of Chinese investors visited Imam Khomeini Port Petrochemical Special Economic Zone in Khuzestan Province, southwestern Iran to investigate opportunities for trade cooperation, the Iranian Ports and Maritime Organization Public Affairs Office reported Feb. 3.

The Chinese team also met the organization's Managing Director Ebrahim Eidani where they were briefed on the most important projects in the zone.

They also visited companies active in the oil sector as well as investment projects.

Imam Khomeini Special Economic Zone enjoys great advantages in terms of trade and transit. It is located near the Arvand Free Trade Zone, the Petrochemical Special Economic Zone, and the neighboring country Iraq. It also comes with good access to transit corridors. These have made the area a source of attraction for many foreign companies, especially in cereals and oil products trade.

Some 100 million metric tons of goods have been loaded and unloaded in Iranian ports in the first three quarters of the current Iranian calendar year, which started on March 21,2014, the managing director of Ports and Maritime Organization, Mohammad Saeednejad had said earlier.

"The figure is expected to reach 136 million metric tons by the end of the current year," he added.

Edited by CN

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