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Ambassadors, Commercial Attaches Visit Iran's Qeshm FTZ

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  • Ambassadors, Commercial Attaches Visit Iran's Qeshm FTZ

    AMBASSADORS, COMMERCIAL ATTACHES VISIT IRAN'S QESHM FTZ

    Asia Pulse
    Published: Feb 20, 2007

    QESHM ISLAND, Hormuzgan prov, Feb 20 Asia Pulse - 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 Fourth 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 US$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.
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