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(E) Croatia to invest in Kish Free Zone
By Nenad N. Bach | Published  01/15/2006 | Business | Unrated
(E) Croatia to invest in Kish Free Zone


Croatia to invest in Kish Free Zone

TEHRAN, Jan. 15 (MNA) -– Croatia’s Ambassador to Iran, Marjan Kombol, expressed her country’s interest to invest in Kish Free Zone (KFZ). The statement was announced in a meeting with Majid Shayesteh, the executive director of KFZ organization, on the sideline of the 4th International Free Zones Exhibition held in Kish Island, the Persian service of ISNA reported on Sunday.
“Possessing required infrastructures, attracting foreign investment is one of the major goals of Kish,” he stated, adding that pleasant climate of the island is also a potential magnet for turning the zone into a tourist hub as well as offering suitable camps for various Croatian sports clubs.

The Republic of Croatia, home to 4.8 million and an area of 57,000 square kilometer, has 15 free trade zones and is among the top four in shipbuilding industry in the world. The country attracts over 10 million tourists annually earning $7b in foreign revenues.

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