Chabahar Port

Chabahar surrender Trade- Industrial Zone (CFZ) is an Iranian stark trading zona on the coast of the Gulf of Oman in Sistan and Baluchestan Province. It is formed accord to the law on the establishment and administration of free trade-industrial zonas. It was established in 1992 along with the both other free trade orders, Qeshm and Kish Island to use spheric expertise, aroundly from South East Asia, as a tool for the evolution of the state of matter, accelerating the accomplishment of infrastructures, creation of productive employment, and representation in the global markets.Chabahar free trade-industrial zone achieved its importance mainly from its geographical location as the shortest and the most secure route connecting Central Asian Independent States (CIS) and Afghanistan to warm irrigate and its proximately to one of the largest oil, gas and mineral resources of the world and as the precisely ocean port of the country. It is the closest and best introduction poi nt of Iran to the Indian Ocean.For this reason, Chabahar is the focal point of Iran for development of the east of the country through expanding upon and enhancement of pilgrimage routes among countries situated in the northern part of the Indian Ocean and Central Asia. The hope is that with the development of transit routes, and better aegis and transit services, the benefits will reach the plain residents. Chabahar free trade-industrial zone has started its activities in 1995 focusing on these major activities transit and urban development and study under the administration of public controlled Chabahar free trade-industrial zone organization.In 2002 Chabahar free trade-industrial zone organization established five specialized subsidiary bodies with the permission of the secretariate of high council of Iran free trade-industrial zones, including four holding companies and one education centre of attention that is listed below 1-Holding confederacy of fargon and Developmen t of Trading. 2-Holding comp all of Investment and Industrial Development. 3-Holding company of Social Welf be and tourism Development. 4-Holding company of Professional Civil and Civic Development. International University of Chabahar. In 2007, Chabahar free zone canceled some of the subsidiary bodies and turned them into sections of Chabahar free zone organization. Its economic sectors are fishery industries and commercial sector, fishery sectors with largest amount of countrys fish catch, mainly located out of the Chabahar free zone. evolution commercial sector located at free trade area with high potentiality to turn to a place that would connect parentage growth centers is South Asia (India) and Middle East (Dubai) to Central Asian and Afghanistan market.Government excogitation to link Chabahar free trade area to Irans main check network which is connected to Central Asia and Afghanistan would provide more capability for Chabahar to red-hot logistics sector that is a basic to achieve better position canvas to its competitor (Pakistan port of Gwadar). Iran plans to use Chabahar for transshipment to Afghanistan and Central Asia while reserving the port of Bandar Abbas as a major hub mainly for trade with Russia and Europe.Along with Bandar Abbas, Chabahar is the Iranian entrepot on the North-South corridor. A strategic partnership between India, Iran and Russia to establish a multi- normal transport link connecting Mumbai with St. Petersburg. Providing Europe and the former Soviet republics of Central Asia access to Asia and vice-versa. There are two jetties, Shahid Beheshti and Shahid Kalantari. Shahid Beheshti jetty with 18,000 square meters sheltered warehouse, comprehends the potentiality of receiving the vessels of 100,000 gross tonnages.Shahid Kalantari jetty with 42,000 square meters sheltered warehouse is able to read the vessels berth. By a well developed road network, Chabahar has the access to the other neighboring countries as well as t he Middle Asian states. The existence of transport terminal, with a capacity of receiving approximately 1,000 trucks and lorries daily makes the transportation of antithetic types of produced, imported or transited goods possible through the land roads. It can too open bank credit directly through the zone banks.According to statistics in Farvardin 1388(March-April 2009),80,660 tons of goods with value of $41,800,000 were imported through Chabahar Custom, were mainly wheat, rubber ingredients, chemic fertilizers, mechanical and industrial machineries. The main exported goods were chocolate, biscuits, tear, solid petrol, solid paraffin and etc. The total income of this custom was $65 billion and 359 million Rial and shows 58 per centum growth with comparison to the work year at the alike period. The main privileges and legal facilities for investors Possibility of investment for foreign and domestic investors to any extent. Guarantee of foreign investment at the zone accordin g to the inserted chemical mechanism in the law of Free zone. Repatriation of capital and profit gained from the economic activities. claim of 30 years tax. Free to import machinery, spare parts, transport means, painful material for construction. Possibility in using the foreign well sufficient man power at the zone to the extent of 10 portion of the unit staffs. Possibility in transit and re-export of goods without any limitation. Possibility of arrival of foreigners at the free zone without giveting visa. Possibility in sell trade for foreign and domestic businessmen. Lack of limitation in large-minded the land for large industrial projects. Exemption from the payment of custom duties for those goods produced at the zone and exported to the mainland in proportion of the added values and the exploited domestic materials. renounce of the certificate of origin for those goods exported from the zone. The facilities and opportunities available for investmentConstruction of p ower plant, private international airport, refinery, petrochemical plant, ponderous industries and relevant industries, car manufacturing and relevant industries, public warehouse, fishery and food squelch industries, establishment of companies investing in and financing the construction of the units specialized in industry, trade, transit and services, tourism service, exploitation of information and communication technology, service industries colligate to transit of goods, establishment of transportation networks for transit of goods and creation of international exaltation lines.FTZs to Launch International Banks Ministry of commerce together with Ministry of Economy are embarking on a project allowing Iranian free trade zones to team up with foreign partners for establishment of banks. The Mehr news agency quoted Commerce Ministry official Hossein Soltanian as saying so far six FTZs have agreed to get involved in the project in a bid to further foreign investment and rejuve nate development of those areas.Soltanian tell the preliminary go have been taken to establish the first such bank. According to plan, at that place will be similar initiatives in almost all 6 Iranian free trade zones, Soltanian added. Bank Refah together with a go of foreign investors will have stakes in establishment of the bank, Soltanian added. Goods Transit Via Iran Reaches 6million Tons According to a report by Iran Customs governing body the daily goods transit via Iran increased 5. 8 share over the abide year.Daily, some 5 million and 861 thousand 450 tons various goods are transited via Iranian territories, the report said. Of the total figure, foodstuffs account for 11 percent, automobiles for 3. 5 percent and fuel for 12. 4 percent. Azerbaijan, Afghanistan, United Arab Emirates, Iraq and Turkmenistan were among the main destinations for the transited goods. Some 60. 8 percent of the goods were transited to the above mentioned countries via Irans various export te rminals. Afghan Investors Eye Irans Free Zone The process of Iran-Afghanistan economic ties has been accelerated during the last two years, managing director of Chabahar Free Zone Organization said. Elaborating on a confrontation held between Iranian and Afghan economic activists in Chabahar Free Zone, Mohammad T. Baqerizade said that the meeting was the fifth meeting held between the two countries economic officials during the last two years.The two sides discussed expansion of ties in various fields including trade, industries, education, construction, transit and tourism. He said that during the previous meetings Iran agreed to grant 50 hectares of Chabahar Free Zone to Afghan investors who would touch to make investment in the zones various economic sectors. The Afghan investors have announced interest in building silos and warehouses in zone as well as in making investment in the production of the goods the raw materials of which are produced in Afghanistan, he concluded.