14 Major Construction Projects to Go Operational by Late March

Kish Island, December 4, 2022- Fourteen construction, tourism, and investment projects will be implemented by the end of the current Persian Year with the efforts of Kish Free Zone Organization and the private sector.

According to the Public Relations and International Affairs Department of Kish Free Zone Organization, 14 projects with an investment volume of 14,266 thousand billion Toman will be implemented by the end of the current Persian Year(late March), creating 1700 direct and 7840 indirect jobs.

According to the report, among the mentioned projects, there are some residential ones, three 5-star hotels and cruise ships, football fields, renovation of facilities and equipment of Kish Olympic Village, and several other investment projects.

The projects include the passenger terminal projects of the new Kish airport, the airport's southern runway, four standard football fields with specialized facilities for players and spectators, and a standard athletics track, and improving the international "Bow & Arrow" complex.

Among the joint projects of Kish Investment and Development Company with the private sector, "Royaye Kish Towers No. 1,4, and 5" with 390 units and "Damon Sahehi 2" residential complex with 320 units, totaling 14 projects.

Also, the 88-unit residential complex in the south will be opened this year, creating 70 new employment opportunities.

The oil industry development project, with the creation of 28 direct and 60 indirect new job opportunities, as well as the manufacturing of various types of boxes and envelopes, are among the 14 major projects that will be put into operation by the end of this year.

Also, in the tourism sector, the "Karina" and "Royaye Darya" ships, with a capacity of 440 and 680, respectively, have been prepared by the private sector and will soon be added to the tourism services of Kish island.

It should be mentioned that with the opening of "Karina and Roya Darya" cruise ships, 80 direct and 300 indirect job opportunities will be provided.

Among other projects that will be opened by the end of this year, three 5-star hotels named "Aseman, Hoor, and Lux" will be ready to host travelers and tourists from all over the country.

Aseman 5-star hotel with 600 billion Toman investment will create jobs for 350 people directly and 1000 people indirectly, Hoor 5-star hotel with 430 billion tomans investment, employing 400 direct and 2000 indirect people, as well as the Lux 5 Star hotel, with an investment of 600 billion Tomans and creating new job opportunities for 150 people directly and 1000 people indirectly, will be a valuable capacity to provide welfare and accommodation services in Kish Island.

PR & Int'l Affairs Department- KFZO