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Bids for Investment in Iran's Free Trade Zones Hit €3.1 Billion

Feb 16, 2024, 11:40 AM
News ID: 825313
Bids for Investment in Iran's Free Trade Zones Hit €3.1 Billion

The total value of bids for investment, by domestic and foreign investors, in the free trade zones of Iran has surpassed €3.1 billion in the current Iranian year, an official said.

EghtesadOnline: In comments on Thursday, the secretary of Iran’s Supreme Council of Free Trade-Industrial and Special Economic Zones described the free trade zones as the driving force of Iran’s economic growth over the past months.

Hojjatollah Abdolmaleki noted that the free trade and special economic zones have considerable tourist attractions and present great investment opportunities.

He said more than 1,000 investment packages, valued at €20 billion, have been defined in the current year, noting that the plans have been presented at 12 prestigious domestic and foreign events.

Free zones, known as the paradise of investment, have been introduced to the investors, he said, adding that the total value of requests for investment in the free trade zone, mainly submitted by the domestic investors, has reached €3.1 billion.

Abdolmaleki also noted that 100 investment packages for the tourism industry have been compiled so far, putting the value of packages at more than €1 billion.

Pointing to the Qeshm and Kish free trade zones as examples of the zones with excellent investment opportunities, he said the two Persian Gulf islands attract hundreds of thousands of domestic and foreign tourists every year, IRIB news reported. / Tasnim

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