Simultaneously with The Exhibition and Summit on Investment Opportunities and Development of Energy Sectors in Free and Special Economic Zones, several specialized conferences and meetings will be held in line with the macro goals of the event.
The Exhibition and Summit on Investment Opportunities and Development of Oil, Gas, Petrochemical and Renewable Energy Sectors in Free and Special Economic Zones
The extent of activities and measures taken in free and special economic zones of the country in the field of oil, gas, petrochemical and energy and .enormous investment and development capacities in these areas have made holding the exhibition more necessary than ever before.
“The Summit on Investment Opportunities and Development of Energy Sectors in Free and Special Economic Zones (IFEEX)” is held with the aim of a complementary relationship between oil, gas, petrochemical and renewable energy industries and free and special economic zones and the need to strengthen these interactions. Balancing the energy sector with free and special zones, facilitating energy exports and final goods related to oil and gas, creating added value and attractiveness for all stakeholders in this large and strategic industry, and increasing the desirability of foreign investors are among the other goals of the event.
About Free and Special Economic Zones
Free trade-industrial zones in Iran began their activities with the approval of the law on how to manage free trade-industrial zones in 1993 and after the law of the first development plan in 1990. Various goals have been portrayed in the creation of these areas, including accelerating infrastructure, development, economic growth, investment and increasing public revenue, active presence in global and regional markets, and the production and export of industrial and processing goods.
Free and Special Economic Zones and the Development of Oil, Gas and Petrochemical Industries
Currently, the country’s economic potentials appear inefficient due to the fact that those capacities, especially in the energy sector, are sectoral and insular. These capacities include oil and gas industries and other energy sources in the country which are parts of the main capacity for economic development of the country. In addition to these capacities, there are other potentials, one of which is the commercial and economic benefits of producing and exporting energy resources. Although it has passed more than one hundred years since the production of oil in our country, this industry has not been able to provide other economic benefits to the country due to its undetermined management. Despite the high economic propinquity between the oil industry and free and special economic zones, with nearly 25 years of activity, for commercial development of the energy sector, they could not complement each other in a large development process and promotion due to lack of full coordination between them.