Overview of AFZ

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Arvand Free Zone
Arvand free zone is located in the north west of Persian Gulf with an area of 37400 hectares at the confluence of two rivers of Karun and Arvand. It shares borders with Iraq and Kuwait. This region has an important advantage for having potentials such as Road, Rail, Marine and Air transportation. Arvand Free Zone covers cities of Abadan, Khorramshahr and Minou Island.
According to the special geographical location of Arvand Free Zone, the role of its transit and strategic channels at the intersection of trade routes, easy access to international waterways, proximity to the second largest province of Iraq (Basra) which is the trade gateway to Iraq and then to the Mediterranean and also access to pilgrimage routes, it is recommended as a mechanism for infrastructure development and for creating relation with outside the region and also to attract transit transportation.

Competitive Advantage
۱٫    In neighbourhood of Iraq and possibility of transit and  exportation of goods  through the border crossing of Shalamcheh, Khorramshahr Railway, Basra and Arvand River waterway and Khorramshahr port.
۲٫    Access to the Persian Gulf and open sea through Arvand River.
۳٫    Connection to country’s road transport network.
۴٫    Connection to the rail network across the country through Railway station of Khorramshahr.
۵٫    Easy and cheap access to energy resources.
۶٫    Khorramshahr port as the second largest container port and the port of Abadan.
۷٫    International airport with domestic and international flights.
۸٫    Connection to the National Power Grid.
۹٫    Benefiting from plenty of freshwater and extensive lands in the region.
۱۰٫    There are abundant resources of oil and Abadan Refinery to invest in oil, gas and petrochemical industry.

Incentives
۱٫    Tax breaks for all economic activities for 20 years from the operation date.
۲٫    Freedom of participation and foreign investment in any amount of share.
۳٫    Full assurance of foreign capital.
۴٫    Easy registration for companies and registration of industrial and intellectual property rights.
۵٫    Sale and lease of lands to foreign and domestic investors.
۶٫    Possibility of employing foreign labour under the license of free zone.
۷٫    Establishment of banks, insurance companies, foreign and domestic credit institutions.
۸٫    Exemption from payment of customs duties and commercial benefit to import raw materials, machinery and spare parts for industrial activities in the region.
۹٫    Complete freedom of entry and exit of capital and profits from economic activities.
۱۰٫    Ability to import foreign cars without paying customs duties.
۱۱٫    Simple and suitable rules for labour.