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Welcome to the Website of the

Khor Al-Zubair Private Free Zone Authority

 

Establishing a Private Free Zone - our contribution to the Rebuilding of Iraq

The idea of establishing Khor Al-Zubair Private Free Zone is based on our understanding that the rebuilding of Iraq requires enormous quantities of industrial, commercial, domestic goods and first of all food.
Due to the embargo and the damages of the last Gulf War the Iraqi industry and agriculture are even 3 years after the war still at its rudimentary efforts to recover. At present the Iraqi nation is mainly depending on imports for even their basic needs. General industrial plants, either in public or private sector, are not operative or operating with reduced output. New investments to repair and restore former capacities are put on hold. This slow process of economic recovery is partially related to the fragile political structures as well as to the poor security situation. As a result a large unemployment figure is effecting the social stability.

The development of Khor Al-Zubair Private Free Zone is regarded as an attempt to improve the economic recovery by creating a secure and supportive industrial work environment. It will make Iraq more self-reliant and independent with respect to its urgent needs. At the same time it offers a safe place for international investors who intend to seize the opportunity of participating in the fast growing marketplace in Iraq. Our free zone also offers job opportunities to the population in nearby villages and cities. For example a free zone with the same area in Egypt (Amyria FZ in Alexandria) offers jobs to around 19,000 employees.
 

 

 

 

   
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