Chinese ready to invest in Qeshm Island

Flags of Iran and China

Flags of Iran and China

Qeshm Island, Hormozgan Province, March 4, IRNA – A group of Chinese investors on Wednesday voiced their willingness to make investment in this southern island.

In a meeting with caretaker of Qeshm Free Zone Ali Akbar Shabani-Fard, the Chinese investors said Beijing is fully ready to make investment in Qeshm Island and import electronic vehicles to this region.

The Chinese investors underscored that they are ready to make investment in the fields of jetties, ports and terminals aimed ship berthing, loading and unloading goods in Qeshm Island.

Touching upon the location of Qeshm Island on North-South Corridor, the Chinese investors stressed their eagerness to make investment in infrastructure sectors, the industrial, tourism and economic sectors in particular.

Shabani-Fard, for his part,welcomed foreign investment in Qeshm Island.

Meanwhile, Marketing and Agents Director of Export Guarantee Fund of Iran (EGFI) Farshid Ahmadi said Wednesday that Qeshm Island has the potential to become a major route for export of Iran’s non-oil commodities.

Ahmadi stressed that Qeshm Island can become a bridge for exchange of goods between Central Asia, China and India.

He also said increase of export of non-oil commodities is a major step forward to realize the resistance economy policies.

Iran plans to boost the worth of its annual non-oil exports to 48-50 billion dollars by the end of current calendar year (March 20, 2015).