Tehran, Iran, Oct. 26
By Mehdi Sepahvand – Trend:
Istanbul Chamber of Industry is going to launch a special industrial zone in Iran, according to CEO of Iran’s Small Industries and Industrial Zones Organization Ali Yazdani.
This will be the first time that an independent industrial zone is going to be built in a country by a foreign investor, Yazdani told IRNA news agency October 26.
The Turkish investors have made plans for building 140 industrial units with a budget of $10 billion, he noted.
He did not name any place as where the investors intent to stage the zone.
The Turkish side has requested a land of at least 500 hectares, he said, adding the Iranian side has proposed 15 different places accordingly.
The official added that Chinese investors are also planning similar zones in Iran.
“They intend to launch a zone in Sirjan [Kerman Province], but have not entered the case seriously yet,” he said.
He said Iran’s approach to foreign investment is to ensure competitive products, the export of at least 30 percent of the products, exchange of technology and work experience, R&D, etc.
There are 80,476 small industrial units in Iran. A small industrial unit is defined as one with less than 50 employees.