BAKU, Azerbaijan, Jan. 24
By Elnur Baghishov – Trend:
The Petrochemical Special Economic Zone in the Khuzestan Province (south-western Iran) has a capacity to produce 18.5 million tons of various products worth more than $5.5 billion a year, Managing Director of the zone Omid Shahidinia said, Trend reports citing the zone’s website.
The director noted that these products are both consumed domestically and exported to foreign countries.
Shahidinia added that various opportunities have been created for investors to invest in the zone. The zone is supplied with water, electricity, roads, and port platforms. There are no restrictions on foreign investors operating in the zone.
“So far, $20 billion has been spent on the establishment of infrastructures in the zone,” he said.
The Petrochemical Special Economic Zone is located on 2,850 hectares of land.
Follow the author on Twitter:@BaghishovElnur