SEZs’ Budget  to Rise
Economy, Domestic Economy

SEZs’ Budget to Rise

The government is planning to raise next year’s budget for special economic zones by 1.5 times that of the current Iranian year (ending March 19), says deputy industries minister and head of Iran Small Industries and Industrial Parks Organization, Mohammad Ali Seyyed-Abrishami. “This comes as the SEZs’ 350-billion-rial ($11.71 million) budget allocation for the current fiscal year is yet to be fully met,” IRNA quoted Seyyed-Abrishami as saying. “These zones play a significant role in the development of industries and exports.” There are nine designated special economic zones in Iran with economic regulations differing from those of other areas in terms of incentives. These regulations include measures that are conducive to foreign direct investment and trade.

Short URL : http://goo.gl/MmElnM
  1. http://goo.gl/EeD44l
  • http://goo.gl/ELCaqY
  • http://goo.gl/xsQnEi
  • http://goo.gl/tH3B49
  • http://goo.gl/SnqosR

You can also read ...

Iran Welcomes Cryptocurrencies
Iran’s High Council of Cyberspace, one of the main entities...
Gold Rally Cools, Not Its Bubble
 After gold coin’s continued rally in the past month, which...
Iran the ‘Most Dynamic’ Asian Nation in ICT Sector
The latest data on ICT development from International...
S. Korea Shifting Iran Focus From Trade to Investment
The South Korean ambassador to Iran said Seoul is shifting...
Tehran Hosts Int’l Home Appliances Expo
Tehran is hosting the 17th International Exhibition of Home...
Greenhouse Cultivation Up 38%
The area under greenhouse cultivation in Iran presently spans...
TEDPIX Ends Trading Week 1.5% Higher, IFX Up 2%
Tehran Stock Exchange’s main index TEDPIX gained 1,333...
Life Insurance in Iran Underdeveloped
The share of life insurance in the overall portfolio of the...