The managing director of the Persian Gulf Mines and Metals Special Economic Zone, Hormozgan Province, has said that the United Arab Emirates, Malaysia, India, and China are interested in investing in the zone.
Bahman Ayar Rezaii said on Saturday in Bandar Abbas that based on a plan the zone will be turned into a hub of industry and energy with annually 10 million tons of steel, 500,000 tons of aluminum, and 3000 MW of electricity production capacities.
He went on to say that $500 million has been invested in the zone in the last Iranian calendar year (ended March 20), predicting the figure would touch $700 million in the current (Iranian) year. Industrial goods and minerals are currently exported to Pakistan, Taiwan, Japan, and the United Arab Emirates, he noted.
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