Exports From Free, Special Economic Zones Earn $17b

EghtesadOnline: A total of $17 billion worth of commodities were exported from Iran’s free trade and special economic zones during the last fiscal year (March 2019-20), according to the secretary of the High Council for Free Trade and Special Economic Zones.

News ID: ۷۵۰۳۰۵

23 June 2020

“Imports to these zones over the same period stood near $5 billion. Some $5 billion worth of goods produced in free and special economic zones were shipped to the mainland,” Morteza Bank was also quoted as saying by the Islamic Republic of Iran Broadcasting.

The official noted that the private sector invested 100 quadrillion rials ($510 million) in local currency plus an additional $200 million in free trade and special economic zones in the last fiscal year.

“Last year, around 36,000 jobs were created in these zones and plans are to increase this figure to 40,000 jobs this year,” he said.