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Investment Opportunities in Sistan-Baluchestan

Investment Opportunities in Sistan-BaluchestanInvestment Opportunities in Sistan-Baluchestan

The southeastern province of Sistan and Baluchestan has great economic potential and even small investments in the region’s agriculture, industry, mines, and trade can help stimulate economic growth and prosperity, said the province’s governor, Ali-Osat Hashemi.

The official also added that Sistan and Baluchestan, as the only province neighboring Pakistan, can play a key role in production and export of red meat to the neighboring country. “Accordingly, the region can be converted into a hub for livestock breeding with sufficient investments,” he added.

He further mentioned that different capital projects such as Chabahr and Iranshahr petrochemical projects, a 10 million metric ton alumina project and an automotive project are currently being executed in the province.

The vice president for executive affairs, Mohammad Shariatmadari said despite facing water scarcity, Sistan and Baluchestan province is trying to lure the investors to its agro sector and mining industries.

Sistan and Baluchestan is Iran’s largest province with an area of 187,502 sq km, which accounts for 11.5 percent of the total area of the country. It has 1,100 kilometers of land border with Pakistan and Afghanistan and 310 kilometers of sea coastline with the Sea of Oman. It has a favorable climate for farming and agriculture, as well as a variety of mines.

The province also enjoys easy access to Central Asian countries through Chabahar and Konarak ports, two major free ports in the province that facilitate international trade.

The prosperous rural areas in the province produce a diversity of agricultural products and tropical fruits including grapes, pistachio, banana, and date.

In addition to its agricultural products, the region boasts numerous copper, chromium, manganese, titanium, gold, and antimony mines.

 

Financialtribune.com