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FinancialNews


  • 27-12-20

    Iran: Over USD25b of foreign investment to be invested in free, special economic zones

    (MENAFN)Morteza Bank, the secretary of Iranian Free Zones High Council declared that, about 1,000 trillion rials (around USD24 billion at the official rate of 42,000 rials) plus USD1.5 billion of foreign investment is estimate to be invested in free and special economic zones of the country, creating 102,500 jobs by August 2021.

    Bank indicated that, the job opportunities will be created during implementing 320 development projects in free zones and 200 projects in special economic zones by August 2021, which marks the end of the administration of President Hassan Rouhani.

    It further said that, more than 40 percent of Iran"s exports are completed through the country"s free trade zones and special economic zones.€ƒ

    MENAFN27122020000045011369ID1101344245

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