Economy
Khuzestan is the major oil-producing region of Iran, and as such is one of the wealthiest provinces in Iran. Khuzestan ranks third among Iran's provinces in GDP.
In 2005, Iran's government announced it was planning the country's second nuclear reactor to be built in Khuzestan province. The 360 MW reactor will be a light water PWR Reactor.
Khuzestan is also home to the Arvand Free Trade Zone. It is one of six economic Free Trade Zones in Iran. and the PETZONE (Petrochemical Special Economic Zone in Mahshahr).
Read more about this topic: Khuzestan Province
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)