PLAN TO LINK BUSHEHR AND AL RUWAIS PORTS
Plans are afoot to link the upcoming free trade zone (FTZ) in the Iranian port city of Bushehr to Al Ruwais port across the Gulf waters in Qatar.
The private sectors in Iran and Qatar have been urged to actively invest in Bushehr's FTZ project as well as its linkage to Qatar's Al Ruwais port, whose installed capacity is 20,000 tonnes, and in the businesses generated thereafter. The Qatar Chamber has urged the Qatari government to help it set up a QR150 million company that would invest in the above projects. Iran has said it has already created an alliance of private businesses to make investments in the FTZ and its linkage to Al Ruwais port projects and the businesses to be located in the FTZ. The idea is to import canned and fresh food, including vegetables and fruits, construction materials as well as exchange technical services between Iran and Qatar. Iran is ready to provide warehousing facilities on a large scale for agriculture and industrial purposes.