Iran's Chabahar Port seeks investors to launch hardware production line

Business Materials 11 March 2019 17:48 (UTC +04:00)

Tehran, Iran, March 11


Chabahar Free Trade Zone in Iran is looking to attract foreign investment by boosting various sectors including fishery, renewable energy and tourism, Director General of Chabahar Free Trade Zone Abdolrahim Kordi told Trend.

"In past two years the volume of investment requests in Chabahar Free Trade Zone has increased significantly. Development of railway and port infrastructure, especially, the inauguration of first phase of Shahid Beheshti Port in last Iranian year (started March 21, 2017) had important role in Chabahar progress. Chabahar Free Trade Zone Organization has completed many projects during the past two years, including tourism, industry and construction in the region and will use all its domestic and foreign resources to develop infrastructure," he said.

Talking about fishery, Kordi said Chabahar is active in shrimp farming, producing seaweed, and fish farming in cage, producing fish oil, oyster farming, lobster farming, producing canned tuna fish and dried fish and is expanding the industry by launching institutes with fishery services.

Referring to renewable energy development in Chabahar Port he said that Chabahar seeks to increase the use of renewable energy, including solar and wind energy with all the capacities and avoid environmental pollutants and has made some efforts in establishing solar and wind power plants and recycling.

He further spoke about Chabahar plans for improving tourism industry. "By building 4 and 5 star hotels, we seek to fill the void. The construction of an amusement park and water park near the beach is underway to attract tourists."

Kordi said that energy town in Chabahar port ensures central distribution of water, electricity and gas in the industrial scale. "Fishery city is active in fishery industry. Iran-India town has been established in a 200 hectare area has the capacity for Iranian and Indian companies, other towns in Chabahar are active in rice planting, medical equipment, auto and IT. The IT town seeks investment to launch hardware production line in the region."