Iran to manufacture products of Turkish brands

Business Materials 9 March 2019 14:36 (UTC +04:00)

Baku, Azerbaijan, Mar. 9

By Elnur Baghishov – Trend:

Products of several Turkish brands will be manufactured in the Maku Free Zone, located in Iran’s West Azerbaijan Province, said Gholamreza Soleimani, managing director of the Maku Free Zone Organization, Trend reports referring to ISNA.

Soleimani noted that exports of the products to other countries will also be considered.

Soleimani added that one of the Maku Free Zone’s programs includes using Turkey's experience for providing training courses in textile industry and supplying raw materials.

Soleimani said that 700 hectares of land has been allocated for the creation of a joint industrial park between Iran and Turkey, adding that the production process should be simplified for domestic and foreign investors in the country.

"Products worth about $18 billion were transited through Iran’s Bazargan customs," he said.

Due to a lack of necessary infrastructure, however, the Maku Free Zone could not benefit financially from the transit of products in such volumes, Soleimani said

Soleimani also said that a contract has been signed with Turkey on the import of 50,000 heads of livestock.