• Source: Chabahar Free Trade-Industrial Zone

Chabahar Free Trade–Industrial Zone (CFZ) (Persian: منطقه آزاد تجاری-صنعتی چابهار) is an Iranian free trade zone formed according to the law on the establishment and administration of free trade–industrial zones .
Chabahar free trade–industrial zone was established in 1992 along with the two other free trade zones Qeshm and Kish Island to use global expertise (mostly from South East Asia) as a tool for the development of the country, accelerating the accomplishment of infrastructure, creation of employment, and representation in global markets.




Main activities


The Chabahar Free Trade-Industrial Zone commenced its operations in 1995, with a primary focus on five major areas: the transit of merchandise goods, investment attraction and related services, tourism, construction and urban development, and education. These activities are overseen by the Chabahar Free Trade-Industrial Zone Organization, which is under public control.




May 2016 agreements between Iran and India



After overseeing a series of agreements intending to develop the Port of Chabahar, India's Highways and Shipping Minister, Nitin Gadkari suggested that the Chabahar Free Trade-Industrial Zone had the potential to attract upwards of $15 billion worth of investment in the future, although he stated that such investments are predicated upon Iran offering India natural gas at a rate of $1.50 per million British Thermal Units, which is substantially lower than the rate of $2.95 per million British Thermal Units offered by Iran. The two countries also signed a memorandum of understanding to explore the possibility of setting up an aluminum smelter at a cost of $2 billion, as well as establishing a urea processing facility in Chahbahar, although these investments are also contingent upon Iran supplying low-cost natural gas for operation of those facilities.




See also


International rankings of Iran




References






External links


Iran Free Zones official website
Chabahar Free Zone Organization official website




Further reading


* Roy, Meena Singh (2012), "Iran: India's Gateway to Central Asia", Strategic Analysis, 36 (6): 957–975, doi:10.1080/09700161.2012.728862

Kata Kunci Pencarian:

• Chabahar Free Trade-Industrial Zone
• Chabahar
• International University of Chabahar
• List of free-trade zones
• List of free economic zones
• Mohammad-Hossein Malekzadegan
• Gwadar Port
• Visa policy of Iran
• Sistan and Baluchestan province
• Chabahar Port