The Rimdan Free Zone, located in Sistan-Baluchestan Province in southeastern Iran, has announced a target of reaching $8 billion in annual trade, according to a senior official of the zone.
Alireza Moradi, CEO of the Rimdan Free Zone, said at a press conference that the zone is being developed into a major trade hub, connecting Iran to Central and South Asian markets. The goal is based on infrastructure expansion, attracting foreign investment, and boosting non-oil exports.
Rimdan holds a strategic position near the Pakistan border and the Sea of Oman, regarded as a potential gateway for transit trade, especially via road and rail routes linking Chabahar port to neighboring countries.
Previously, the Iranian government has implemented various tax and customs incentives to encourage businesses to invest in free zones, including Rimdan. However, analysts suggest that to achieve the $8 billion figure, Iran must overcome challenges related to infrastructure, administrative procedures, and competition from major regional ports such as Dubai and Gwadar.
No official data is yet available on the zone's current trade volume, but local officials expect that the completion of road and rail projects in the coming years will be a key driver in realizing the target.
