Kish Island, May31, 2015-Managing Director of Kish Free Zone Organization Dr. Ali Asghar Mounesan said the development of Hendurabi Island will be accelerated and the Island will turn into an investment hub in the Persian Gulf region.

According to the Public Relations and International Affairs Department of Kish Free Zone Organization Dr. Mounesan announced that the development plan of the island has already been drawn up and should be approved by the supreme council of urban development.

KFZO chief also said given the peaceful environment of the island, Hendurabi can be an ideal place for promoting tourism.

He reiterated that the boosting investment in the Iran's coastal line is a high priority in the country's development plan.

Dr. Mounesan also described the establishment of a port, hotel, as well as a pier as important projects related to tourism and underscored that construction activities on the island are carried out in line with environmental standards.

"We intend to carry out development projects on the island with the lowest possible environment risks...There is no room for fossil fuel vehicles on the Island. We plan to use renewable energies and we have already consulted with related advisors in this regard," Dr. Mounesan noted.

Dr. Mounesan said KFZO has also plans for removing import tariffs for electric and hybrid cars and increase tariffs for other cars.

PR & Int'l Affairs Department- KFZO