Chabahar Port Ripe for Investment
Economy, Domestic Economy

Chabahar Port Ripe for Investment

After the removal of western sanctions against Iran over its nuclear program on January 16, 64 foreign delegations and investment companies have visited the port of Chabahar in Iran’s southeastern Sistan-Baluchestan Province, according to Hamed Ali Mobaraki, CEO of Chabahar Free Zone. “This is an indication of the port’s regional and global prominence. Investors in Chabahar can benefit from a 20-year tax exemption. Furthermore, no duties are charged for the import of light and heavy industrial machinery,” IRNA quoted Mobaraki as saying. The strategic location of Chabahar Port on the coast of the Sea of Oman, which connects regional countries to the oceans, makes it an ideal spot for local and foreign investments and economic activity.

Short URL : http://goo.gl/gXhAjY
  1. http://goo.gl/gQOrhH
  • http://goo.gl/X6WLNV
  • http://goo.gl/bsn5DO
  • http://goo.gl/rOqmO0
  • http://goo.gl/h8dRSs

You can also read ...

CBI Outlines Top Priorities
The governor of the Central Bank of Iran, who took the reins...
Non-Oil Trade Value With Egypt Tops 80%
Iran traded 298,616 tons of non-oil commodities worth $128.23...
Interest Rate Growth Gathers Pace
Two major banks have been allowed by the Central Bank of Iran...
Colza Production Breaks 30-Year Record
Colza production in Iran since the beginning of the current...
IKCO to Deliver Presold Peugeot 2008 SUVs
Extending apologies for the prolonged delay in the delivery of...
Domestic Shoe Industry Hit by Raw Material Shortage
Domestic shoe production has declined by over 70%, the head of...
Rail Exports From Qom to CIS Grow 29%
More than 3,403 tons of goods were exported via railroads from...
Tehran to Host Handmade Carpet Expo
The 27th Iran Handmade Carpet Exhibition is scheduled to open...