ECONOMY   Aviation & Airports  

$24m Invested in Payam SEZ, Airport

Iran’s private sector invested 2.68 trillion rials ($24.2 million) in Payam Special Economic Zone & Payam International Airport in Karaj, the central city of Alborz Province, during the five months to Aug. 22, which indicates a threefold rise compared with last year’s corresponding period.

According to the official website of Payam International Airport & Special Economic Zone on, the investments will help create more than 1,700 jobs.

As the closest special economic zone to Iran’s capital city Tehran, Payam Special Economic Zone plays an important role in the country’s production cycle and job creation. The zone has attracted many companies and investments in ICT and knowledge-based areas.

Payam SEZ is spread across 3,600 hectares.

Over 300 firms in the fields of pharmaceuticals, health, oil & gas, medicine, information technology and ICT are operating in the zone.

Payam International Airport, located at the heart of SEZ, is currently out of service after a plane crashed at the airport in January.

News No: 6270
Date: 2019/08/29 - 18:41
News Source: Financial Tribune

Invested  Airport  Payam SEZ  rial  Special Economic Zone 


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