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FinancialNews


  • 28-03-21

    Iran’s Arvand Free Trade Zone obtains USD52 M in approved foreign investment projects

    (MENAFN)Arvand Free Trade Zone (FTZ), in Iran’s southwestern province of Khuzestan, obtained USD52 million in the form of approved foreign investment projects in the past Iranian year.

    The status of investment making is proper in this zone in spite of the sanctions, according to Seyed Ali Mousavi, the deputy head of Arvand Free Zone Organization for investment and economic affairs.

    President Hassan Rouhani launched 39 projects valued at 58 trillion rials (USD1.38 billion) in the free trade zones and special economic zones of three provinces via video conference.

    The projects were operated in Hormozgan, East Azarbaijan, and Qom provinces offered jobs for 5,400 persons.

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