(Persia Digest) – The managing director of Chabahar Free Trade Zone said in order to reduce travel costs to this southeastern Iranian port, agreements have been made in principle for establishing a private airline for Chabahar FTZ.
Abdolkarim Kordi said that negotiations are under way through third countries to purchase second-hand planes including Amber Air aircrafts.
As for the investments made by India in Chabahar, the official said: “Our contract with India will become operational in one month and the port is to be temporarily handed over to Indians before the end of 2018.”
Noting that during the past two years some 400 contracts for investment have been signed in the region, Kordi said: “The contracts are worth about 3,500 billion tomans. Currently, 130 units are working in Chabahar while another 167 projects have progressed more than 30 percent.”
He added: “Chabahar’s first steel factory with a 16-million-ton capacity is under construction with a physical progress of 30 percent.”
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