Domestic Economy
0

New Development Phase Launched in Payam SEZ

New Development Phase Launched in Payam SEZNew Development Phase Launched in Payam SEZ

Payam Special Economic Zone's fourth development phase has been launched on an area of 165 hectares. 
According to Nader Sanagou-Motlaq, managing director of the economic zone, this is its biggest development phase, as the three previous development phases covered a total area of 114 hectares, IRNA reported.
The new phase will see development of the zone's information and communication technologies sector.
The closest special economic zone to Iran’s capital city Tehran, Payam has attracted a multitude of companies with significant investments in a wide range of areas, including ICT, pharmaceuticals, health, oil and gas.
Payam International Airport, located at the heart of the zone, is currently out of service after a plane crashed at the airport in January 2019.
The airport is owned by Iran’s Ministry of Information and Communications Technologies.

 

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com