Iran's free trade zones draw $2bn in investments
Iran's free trade zones have attracted two billion dollars of foreign investment with some countries expressing interest in setting up banks in such areas, an Iranian official says, Press TV reported.
"Azerbaijan, Turkey, Tajikistan and Turkmenistan are ready to set up banks in Iran's free trade zones to enhance their trade ties with Iran," said Hamid Baqaei, the caretaker of the Center for Free and Special Economic Zones.
"Setting up foreign banks in the free trade zones is among the main strategies that the government pursues in an effort to draw greater foreign investment," Mehr news agency quoted Baqaei as saying on Saturday.
He added that Iran will offer foreign investors guidelines and suggestions on available opportunities and resources in order to facilitate their presence in Iran.
Iran has six free trade zones that are mainly located in southern and northern parts of the country.