400 companies from 15 countries to join Chabahar FTZ

Around 400 companies from 15 countries have officially applied so far to do business in Chabahar Free Trade Zone (FTZ), the Director-General of the FTZ Organization of the port announced on Tuesday, adding that the Iranian oceanic hub will have tremendous impact on the whole region.

Director-General of Chabahar Free Trade Zone Organization Abdul Rahim Kurdi announced today that more than 3,000 companies have registered their name for business in the Free Chabahar Zone.

He added that 400 out of the 3,000 registered companies are from 15 countries.

Addressing the Iran-India Economic Forum, Kurdi said as a new regional actor in the Middle East, Chabahar plays a special role in economic diplomacy of the region.

“The Chabahar agreement, between Iran, Afghanistan and India, is a milestone in the development of relations between the 3 countries, and will have a special impact on relations between the countries of the region,” he said.

The official noted that the presence of Indian port operators in Shahid Beheshti Port of Chabahar has increased the importance of Chabahar.

“Changes in regional economic arrangement and justification of industrial and logistic activities in Chabahar concurrent with completion of the basic infrastructure by state has opened up new chapter in the regional and international role of Chabahar,” the Director-General of the FTZ Organization of the port highlighted.

Kurdi noted, “In the past two years, we have witnessed a dramatic rise in investment demands in this area, so that the number of the finalized investment contracts in this period is more than the total investment contracts signed over the past 10 years.”

He added, “We have been working hard to provide the necessary infrastructures for attracting more investment.”

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