Chah Bahar - Economic Significance

Economic Significance

Chabahar is Iran's closest and best access point to the Indian Ocean. For this reason, Chabahar is the focal point of Iran for development of the east of the country through expansion and enhancement of transit routes among countries situated in the northern part of the Indian Ocean and Central Asia. The hope is that with the development of transit routes, and better security and transit services, the benefits will reach the area residents.

Chabahar's economic sectors are fish industries and commercial sector, fishery sectors with largest amount of country's fish catch, mainly located out of the Chabahar Free Trade-Industrial Zone. Growing commercial sector located at free trade area with high potentiality to turn to a place that would connect business growth centers in south Asia (India) and Middle East (Dubai) to central Asian and Afghanistan market. The government plan to link Chabahar free trade area to Iran's main rail network, which is connected to central Asia and Afghanistan. This would provide more capability for Chabahar to foster faster logistics sector that is a basic to achieve better position comparing to its competitor (Pakistani port of Gwadar)