Plan to link Bushehr-Al Ruwais ports

July 07, 2014 - 6:14:54 am

DOHA: 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, QNA reports. 

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 and in the businesses generated thereafter.

The Qatar Chamber, representative body of the private sector, has urged the Qatari government to help it set up a QR150m 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’s government is ready to provide warehousing facilities on a large scale for agriculture and industrial purposes.

Al Ruwais port has a capacity of 20,000 tonnes.

A 21-member Iranian delegation was here to discuss ways to improve ties between the private sectors of the two countries. 

Present at the discussions were vice-chairman of Qatar Chamber, Mohamed bin Ahmed Tawar Al Kuwari, and Akbar Turkman, adviser to Iranian president, and Akbar Sharifpour, head of Iran’s chamber of commerce.

Observers of trade and industry, meanwhile, said they wondered how the enhanced business links between Qatar and Iran as evidenced from the above joint projects, would be viewed by the other GCC states and the West remains a matter of curiosity.

The Peninsula

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