Chabahar only bridge between Indian Ocean countries, Central Asia

EghtesadOnline: Iran's Chabahar Free Trade Zone as a strategic point in the world, is the only connecting way between Indian Ocean littoral countries and those of the Central Asia, as well as a part of the Europe, head of the Iranian zone said.

News ID: ۷۷۹۶۵۸

07 October 2017

'The approach in Chabahar Free Trade-Industrial Zone has turned from trade to production, and tens of manufacturing units in the region play a key role in employment and production,' Director General of Chabahar Free Trade-Industrial Zone Abdolrahim Kordi said in a meeting on Tuesday night.

The region is also a strategic point for various heavy and light industries, and a hub for transit of goods and tourism, IRNA quoted him as saying.

Chabahar is Iran's only oceanic port, and that is why the regional center of Indian Ocean Rim Association (IORA) is being established in the area, Kordi said.

The opportunity of using Afghanistan and Central Asian countries' markets, plus feasibility of creating bunkering centers are among the capacities of Chabahar Free Trade-Industrial Zone, according to the official.

Following a bill by Iran's Parliament the Free Trade-Industrial Zone was established in 1994 in an area of 14 hectares in southeastern Iran on Gulf of Oman. The region is bordered by Pakistan to the east.