09 September 2014
Chabahar Free Trade Zone witnessed a 47 percent rise in the volume of its domestic investment in the first five months of the current year, compared to the same period the previous year, managing director of the zone said.
Hamed-Ali Mobaraki added the volume of investment exceeded $3.4 million, noting that trust-building and security of the investors are significant factors in investment.
Major parts of the investment are made in industry, trade and services, Mobaraki said.
During the said period, 92 projects were launched, 78 of which are industrial, commercial and service ones, he said.
Since development and success requires cooperation, the officials must put the zone on the top of their development zone to make it more competitive.
Chabahar port is strategically crucial as it provides access to Afghanistan. The port, which is surrounded by a free trade zone, is vital particularly since Pakistan does not allow transit facilities from India to Afghanistan.
Chabahar Free Trade Zone witnessed a 47 percent rise in the volume of its domestic investment in the first five months of the current year, compared to the same period the previous year, managing director of the zone said.
Hamed-Ali Mobaraki added the volume of investment exceeded $3.4 million, noting that trust-building and security of the investors are significant factors in investment.
Major parts of the investment are made in industry, trade and services, Mobaraki said.
During the said period, 92 projects were launched, 78 of which are industrial, commercial and service ones, he said.
Since development and success requires cooperation, the officials must put the zone on the top of their development zone to make it more competitive.
Chabahar port is strategically crucial as it provides access to Afghanistan. The port, which is surrounded by a free trade zone, is vital particularly since Pakistan does not allow transit facilities from India to Afghanistan.
© Iran Daily 2014
