MP from Hormuzgan province, Ali Dirbaz, on Tuesday said that once the Persian Gulf bridge is constructed in Qeshm Free Zone (QFZ), the area will become a major economic hub.
While visiting Qeshm to meet the residents of his constituency, he told IRNA that the bridge will give momentum to attraction of domestic and foreign investment in QFZ.
“Once the bridge project is implemented, the cost of
transportation, which is a major problem in the investment sector, will reduce,” he added.
He noted that according to a bill ratified by Majlis, the island will soon become a free zone and reiterated the need to expedite the bridge project in order to materialize such a plan.
“According to the officials in charge of the project, a fund of 150 million dollars is required to implement it,” he added.
Dirbaz said that given the great impact of the bridge on the nationwide and QFZ economy, the process should be expedited.
The project will turn this economic zone into a center for transit of goods, which will even affect the North-South Corridor.
The strategic Qeshm Island bordering Abu Dhabi, Qatar and Dubai to the south as well as Lengeh, Jask, Sirri, Shahid Rajaie and Shahid Bahonar ports to the north has a unique potential for exchange of goods with UAE, Oman and other world countries and ports.
Qeshm with an area of 1,500 square kms is situated in southern Iran and is the largest Persian Gulf island.