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Foreign ambassadors, commercial attaches visit Iran's Qeshm Free Trade Zone

Qeshm Island, Hormuzgan prov, Feb 18, IRNA - Ambassadors and commercial attaches from 10 foreign countries on Sunday visited industrial, transit and tourism facilities in Qeshm Free Trade Zone.

According to the Public Relation Department of Qeshm FTZ, managing director of the organization, addressing the representatives, said that the 20-Year Outlook Plan and the Forth Five-Year Development Plan (2005-2010) underline expansion of international exchanges through free trade zones.

Mohammad Asghari added that special strategic priority of FTZs including Qeshm is that they lie along the North-South corridor and near international waterway, therefore, have proper transit and industrial facilities to expand international exchanges.

Pointing to the infrastructures of the island to develop economic and international links, he added that given the abundant oil nd gas reserves in Qeshm and its villages, the region will become one of important hubs of oil and gas industry of the country.

Oil ministry and private sector are cooperating in the construction project of transferring crude oil from Qeshm to Bandar Abbas, he said, adding that private sector will obtain the ministry's permission to establish a gas refinery and oil refinery with the capacity of 120,000 and 160,000 bpd respectively.

Development of Qeshm International Airport was implemented at a cost of more than dlrs 84 million under a finance deal, and will come on stream soon, he noted.

Pointing to industrial, productive and tourist potentials in Qeshm, he expressed the organization's readiness to attract domestic and foreign investments, in particular in private sector through the participant ambassadors.

German Ambassador to Iran Hubert Honsowitz, for his part said that tax exemption, lower costs in customs offices and facilitating entrance and exit of foreign investors into and from Qeshm island are among the benefits of such FTZs to attract foreign investments.

A European delegation will visit Iran soon, he said, noting, "We will provide them with appropriate information in this respect." Joint working groups will be established to expand commercial and trade exchanges between Qeshm FTZ and the foreign representatives to pave the grounds for attracting investments.

Ambassadors and businesspersons from Germany, China, Brazil, South Africa, Thailand, Kazakhstan, Afghanistan, Uzbekistan, Azerbaijan and Armenia visited various projects in Qeshm FTZ.

... Payvand News - 2/18/07 ... --

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