Iran attracts Indian investors to Chabahar Free Zone
Tehran, Iran, July 10
Iran is holding negotiations with India for investment in energy intensive industries and petrochemical sectors at Chabahr Free Zone.
The Managing Director of Chabahr Free Zone Abdolrahim Kordi discussed the negotiations between Iran and India in an interview with Trend.
"Newly appointed Indian ambassador in Iran has visited infrastructures and facilities in Chabahar during his first trip to the region. He was interested in encouraging Indian investors to be active in this zone," he noted.
"The trilateral agreement signed by presidents of Iran, India and Afghanistan a while ago, and the contract concluded between Iran and India to launch the first phase of Shahid Beheshti port, have been realized, and the Indian government has paid special attention to developing cooperation," he added.
"Considering the importance of Chabahr for New Delhi, the first mission of the new Indian ambassador was to visit Chabahr Free Zone to see its activities and to discuss the development of bilateral cooperation in terms of potential for investments of Indian government and its private sector," he said.
"As part of his visit, opportunities for investments in energy intensive and petrochemical t industries were discussed. He also visited infrastructures and facilities of Chabahr Free Zone and expressed interest to encourage Indian investors to work in the region," he added.
"We have outlined the incentives and advances of investment in the Chabahr Free Zone to the Indian ambassador; hopefully his presence in Iran would mark new chapter in Chabahr Free Zone's history," he indicated.
"The problems facing Indian investors were also discussed, and the ambassador promised to follow the issue," said Kordi.
Last week, Gaddam Dharmendra, Indian ambassador in Iran, attended a meeting with Chabahr's officials last and highlighted the opportunities for investment in transportation and transit sectors in Chabahr.
"The trade between Iran and India has grown; therefore India's ports and Chabahr will enhance cooperation, too," the ambassador said.