Industrial Investment, Tourism Top KFZO's Agenda

Kish Island, November 02, 2016-Managing Director of Kish Free Zone Organization Dr. Ali Asghar Mounesan has described boosting tourism and industrial investment in Kish as two major long-term goals, emphasizing that KFZO attaches special significance to the expansion of tourism and industrial sectors in the Persian Gulf island of Kish....

Industrial Investment, Tourism Top KFZO's Agenda

Kish Island, November 02, 2016-Managing Director of Kish Free Zone Organization Dr. Ali Asghar Mounesan has described boosting tourism and industrial investment in Kish as two major long-term goals, emphasizing that KFZO attaches special significance to the expansion of tourism and industrial sectors in the Persian Gulf island of Kish.

According to the Public Relations and International Affairs Department of Kish Free Zone Organization, Dr. Ali Asghar Mounesan made the comments during a visit to the international exhibition on stock exchange, banking, insurance as well as the 8th edition of the exhibition on Iran's investment opportunities.

He pointed to the merits of free zones in terms of attracting investment and said the regulations of free zones constantly support investors.

"Accordingly, advantages such as 100% foreign ownership, visa free entrance, 20 year tax exemptions, custom discounts, have been offered to the investors," Dr. Mouesan reiterated.

The KFZO head also described tourism and industry as two significant sectors in Kish and said KFZO has placed much emphasis on these two sectors and give them special support.

He said investors are given a number of incentives including facilities such as affordable land sites.

He also hailed integrated management as one of the factors speeding up investment activities in free zones and said KFZO is after setting up modern electronic system to accelerate the investment process and boost transparency in this regard.

PR & Int'l Affairs Department- KFZO