China welcomes Iran’s free zones packages: Official

 

The chief executive of the Qeshm Free Zone Organization said that Chinese investors welcome the investment packages introduced at Iran’s free trade-industrial zones.
Adel Payghami said that the island’s trade and economic relations will be expanded with 19 countries following the implementation of the memorandum of understanding inked with the trade-economic platform of the Shanghai Cooperation Organization (SCO), Tasnim News Agency reported.
Speaking at a meeting with a Chinese investment delegation, he said that the Qeshm Free Zone Organization welcomes investors of foreign countries who wish to invest in various economic and tourism fields on the island.
He further noted that signing a joint memorandum of understanding between the Qeshm Free Zone and the SCO has provided a suitable ground to take advantage of the investment and economic opportunities of SCO’s member states on Qeshm Island.
In the meeting, the Chinese Investment Board put forward suggestions for the creation of a green transportation platform, with the participation of companies producing electric engines, buses and cars.
Operation of the project for the development of Kaveh Port as one of the main parts of the Persian Gulf Communication Network, and also cooperation with the Qeshm Free Zone Organization to create the pilot of one of the world’s largest heavy industry companies were among other issues discussed at this meeting.

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