27 Apr 2024
Wednesday 6 May 2015 - 13:00
Story Code : 163631

Rise in demand for investment in Sarakhs SEZ

Mashad, Khorasan Razavi, May 6, IRNA Managing Director of Sarakhs Special Economic Zone (SSEZ) said the Lausanne Statement and efforts of 5+1 for reaching nuclear agreement with Iran has increased demand for foreign investment in the zone.




Speaking to IRNA, Ahmad Sadeqi Golmakani further remarked that since the beginning of the new Iranian calendar year (started on March 21) so far negotiations have been held with Russia, Moldavia, China and Turkey for investment in industrial projects in SSEZ.

He noted that in case of implementation of their orientation plans each of the investors can provide opportunities for the employment of a large number of young people in the zone.

Currently, he added, 10 industrial projects are under implementation in Sarakhs Special Economic Zone which plays an important role in the development of employment and non-oil exports.

Sarakhs Special Economic Zone with a span of 5,290 hectares is situated northeast of Iran and connects ports of the Gulf of Oman and the Persian Gulf to Central Asia, the Caucasus and Russia.

The zone, due to its geographical location which is in the center of ECO countries, is being considered as the golden gate for entry into Central Asia, China and Russia and is a bridge for connecting major trade markets in Central Asia with the Persian Gulf countries in south of Iran, Europe in the west and Afghanistan and Pakistan in east of the counrty.

Activity of the zone started in 1375 (1996-97) simultaneously with the opening of Mashhad-Sarakhs-Tajan railway in the presence of leaders and representative from over 100 world countries.

The zone is 150 km east of Mashad and 15 km from the city of Sarakhs and borders Turkmenistan in the north and the east.


By IRNA




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