BAKU, Azerbaijan, Feb. 20
Trend:
Chabahar will become Iran's petrochemicals and steel production center, the CEO of Chabahar Free Zone Organization said.
Managing Director of Chabahar Free Zone Abdulrahim Kurdi said that the completion of roads, railways, port development, and airport construction of Chabahar port is necessary, Trend reports citing IRNA.
"Chabahar Free Zone will play a significant role in the country's steel industry, petrochemicals, and transportation. A steel unit with the capacity of producing 1.6 million tons of steel product and a consortium with 10 million tons of capacity is to be opened in Chabahar Free Zone," he said.
Kurdi stated that $166 million worth of social responsibility projects has been considered, which is going to be implemented through 100 different projects.
"Currently 9 hotel projects are under construction in the Chabahar Free Zone, while all existed hotels have a total of 1600 beds," he said.