Tag Archives | Arvand Free Trade Zone

Iran Resolved to Establish Railroad Link with Iraq

The Iranian president’s chief of staff voiced the administration’s determination to construct a railroad linking Iran to the Iraqi city of Basra, saying the project would give a major boost to the transportation industry in the region. Speaking to reporters in the southwestern city of Khorramshahr on Friday, Mahmoud Vaezi said various related bodies, including […]

Iran Developing Visa-Free Health Tourism Centre

By John Lee. Iran is reportedly developing a visa-free health tourism centre in its Arvand Free Zone (AFZ). The zone’s CEO, Esmail Zamani (pictured), is quoted as saying that AFZ will welcome foreigners free of visa in the coming weeks. It is just 15 miles from the Iraqi city of Basra, which has a population […]

Iran ‘Creating own Jebel Ali in South’

Iran is planning to create a major free trade zone (FTZ) on its southwestern border areas with Iraq, reminiscent of the hugely successful Jebel Ali trade hub in the United Arab Emirates. The Arvand FTZ covers an area of more than 37,400 hectares, including Abadan, Khorramshahr, Minoo Island and the Shalamchech border crossing to Iraq. […]

German Firm to Fund Iranian Wind Farm

By John Lee. A German-Iranian company has reportedly signed an agreement to build a 48-megawatt wind farm in southwestern Iran. Development Environment Arvand Company will fund the 40-million-euros ($46-million) project in the Arvand Free Trade Zone in Iran’s Khuzestan province. Project Manager Frank Riesbeck told Bloomberg that turbine shipments are due to begin in January, […]