BAKU, Azerbaijan, Dec. 25
By Elnur Baghishov - Trend:
The investments worth 110 trillion rials (about $2.6 billion) have been made so far this Iranian year (beginning on March 21, 2019), Morteza Bank, adviser to the Iranian president and secretary of the Supreme Council of the Free, Trade, Industrial and Special Economic Zones, said.
Bank made the remark in Iran after reviewing the Payam International Airport and the special economic zone, Trend reports referring to ISNA.
“About 70 trillion rials (about $1.6 billion) were invested in the zones last Iranian year from March 21, 2018 through March 21, 2019,” the advisor said.
“The private companies and foreign investors are interested in investing in free zones,” Bank added.
“Iran exports the products worth $45-48 billion annually,” the advisor said. “The petrochemical companies export the products worth about $25 billion and most of these companies are situated in special zones.”
“There are 1,800 industrial enterprises in Iran and about 500,000 people work there,” the advisor added.
“Special and free economic zones created worldwide are operating with appropriate infrastructure,” Bank said. “But these zones have created infrastructure at their own expense in Iran.”
“About 180 new companies have launched the activity in the Payam special economic zone,” Bank said.