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Chabahar Free Trade-Industrial Zone

Chabahar Free Trade-Industrial Zone

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Chabahar Free Trade–Industrial Zone (CFZ) is an Iran
Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...

ian free trade zone
Free trade zone
A free trade zone or export processing zone , also called foreign-trade zone, formerly free port is an area within which goods may be landed, handled, manufactured or reconfigured, and reexported without the intervention of the customs authorities...

 formed according to the law on the establishment and administration of free trade–industrial zones .
Chah Bahar is a city in and capital of Chah Bahar County, Sistan and Baluchestan Province, Iran. Chah Bahar is a free port on the coast of the Gulf of Oman. At the 2006 census, its population was 71,070, in 13,837 families...

 free trade–industrial zone was established in 1992 along with the two other free trade zones Qeshm
Qeshm Qeshm Qeshm (Persian: قشم - pronounced kē´shm is an Iranian island situated in the Strait of Hormuz, and separated from the mainland by the Clarence Strait/Khuran in the Persian Gulf .-Geography:...

 and Kish Island to use global expertise (mostly from South East Asia) as a tool for the development of the country, accelerating the accomplishment of infrastructure, creation of employment, and representation in global markets.

The 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
Afghanistan , officially the Islamic Republic of Afghanistan, is a landlocked country located in the centre of Asia, forming South Asia, Central Asia and the Middle East. With a population of about 29 million, it has an area of , making it the 42nd most populous and 41st largest nation in the world...

 to warm waters and its proximity to one of the largest oil, gas and mineral resources of the world and as the only ocean port of the country.

Main activities

Chabahar free trade-industrial zone started its activities in 1995 focusing on five major areas: transit of merchandized goods, investment attraction and related services, tourism, construction & urban development and education 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 secretariat of the high council of Iran free trade-industrial zones (In 2007 Iranian president Mahmood Ahmadinejad turned the high council of Iran free trade-industrial zone into an advisory body)http://www.freezones.ir, including four holding companies and one education center that is listed below:
  1. holding company of Transit & development of trading
  2. holding company of Investment and industrial development
  3. holding company of Social welfare and tourism development
  4. holding company of professional civil and civic development
  5. International University of Chabahar
    International University of Chabahar
    International University of Chabahar , is located in the Chabahar Free Trade-Industrial Zone, in the city of Chabahar, part of Sistan and Baluchestan Province in Iran.-Affiliates:...

The organizational structure of the Chabahar free zone has not been stable since its establishment. In 2007, Chabahar free zone canceled some of the subsidiary bodies and turned them into sections of Chabahar free zone organization.