Chabahar Free Trade- Industrial Zone (CFZ) is an Iranian free trade zone on the coast of the Gulf of Oman in Sistan and Baluchestan Province. It is formed according to the law on the establishment and administration of free trade-industrial zones. It was established in 1992 along with the two other free trade zones, Qeshm and Kish Island to use global expertise, mostly from South East Asia, as a tool for the development of the country, accelerating the accomplishment of infrastructures, creation of productive employment, and representation in the global markets.
Chabahar free trade-industrial zone achieved its importance mainly from its geographical location as the shortest and the most secure route connecting Central Asian Independent States (CIS) and Afghanistan to warm waters and it’s proximately to one of the largest oil, gas and mineral resources of the world and as the only ocean port of the country. It is the closest and best access point of Iran to the Indian Ocean. For this reason, Chabahar is the focal point of Iran for development of the east of the country through expansion and enhancement of transit routes among countries situated in the northern part of the Indian Ocean and Central Asia. The hope is that with the development of transit routes, and better security and transit services, the benefits will reach the area residents.
Chabahar free trade-industrial zone has started its activities in 1995 focusing on these major activities; transit and urban development and education under the administration of public controlled Chabahar free trade-industrial zone organization.
In 2002 Chabahar free trade-industrial zone organization established five specialized subsidiary bodies with the permission of the secretariat of high council of Iran free trade-industrial zones, including four holding companies and one education center that is listed below:
1- Holding company of Transit and Development of Trading.
2- Holding