CEO of PGSEZ, Hassan Khalaj Tehrani, announced that establishment of more than 29 investment companies in Persian Gulf Special Economic Zone as well as attracting more than $9bn investment have distinguished the Zone from other production areas.
“The Zone, with an area of approximately 5,000 hectares, is geographically divided into four sites, including Southern, Middle, Northern, and Development. 2,000 hectares of the area is in operation, and investment companies are currently implementing the desired projects. We also prepare the infrastructure for the other 3000 hectares,” he said.

The first phase of the Parsian Port, located in Parsian Special Economic Energy Zone (PSEEZ),will be constructed with a capital of €170.7m. The project will be carried out under engineering,procurement, construction, and finance (EPCF) model by the winner of the tender, Petro Sahel Persian Gulf Development Co. which competed against China Harbour Engineering Co., and
eventually won the bid (€170,723,558).
The tender for the construction of the Parsian Port was commenced on October 29 and 31, 2016,and both EPCF and BOT models were offered to investors.



 Parsian Energy Intensive Special Economic Zone (PSEEZ) has so far received about $10bn. worth investment offers in the petrochemical sector.
 According to a comprehensive plan, the zone is declared to be ready for investment and development of major industries such as steel, aluminum, alumina, port, power, as well as desalination plants.However, the petrochemical companies announced their arrival ahead of other industries.
With an area of approximately 10,000ha, Parsian Economic Zone is located at 30km East of Hormozgan and on the border lines of Asaluyeh, the gas capital of Iran and the world.

According to Hassan Shahrokhi, Director of PSEEZ, three giant oil and gas companies, BASF, Shell and TOTAL, have expressed willingness to invest in the region and the negotiations are going on.This can be a milestone in the history of Parsian’s development.
The plans of petrochemical sector are developed to produce 8.7mt products valued at more than $10.2bn.
Shahrokhi pointed out that some of the features of the zone such as close proximity to the world’s gas hub and open seas, as well as adjacency to East and West export markets are unparalleled.

Persian Gulf Mining Industries Special Economic Zone (PGMISEZ) is the first site on the southern coast of Iran built to develop energy intensive industries including steel, aluminum, zinc and power plants.
The zone officially incepted its operations in 2002 by launching a hotel, a water desalination plant as well as a mineral export site.
Later, Almahdi Aluminium Co., South Steel Co., Hormozgan Steel Co. (HOSCO), Hormozgan Aluminium Co.(HORMOZAL) and South Kaveh Steel Co. were launched. Recently, some companies including Persian Gulf Saba Steel Co. and Madkush Pellet Co. have enthusiastically joined them while Bandar Abbas Zinc production Company has previously been launched in the zone.
Hassan Khalaj Tehrani, CEO of PGMISEZ believes that the zone is turning into a hub for the energy intensive industries.
Located in Western Bandar Abbas, with over 5,000ha, the area is geographically divided into 4 sites: Southern, Central, Northern, and developmental, while 2,000ha is allocated to the investment companies and are under operation or exploitation.