TEHRAN, July 26 (ISNA)-Iran's Kish free zone organization and Germany's MRK corporation inked a 500-million Euro investment agreement for infrastructures development in this island.

The German company's cooperation with this organization includes building and expanding airport, port and exhibition centers.

Kish free zone organization's goal is to serve the sustainable and balanced development of this island by attracting foreign investments and finances.

MRK corporation has already invested in other Iranian projects including a 2.5 billion-dollar venture for building subway in a southern city of Iran.

... Payvand News - 07/26/08 ... --