Iran’s Sarakhs Special Economic Zone will be connected to Bazargan Customs and MakuFreezone, as part of the East-to-West Transport Corridor, CEO of Maku Freezone Hossein Garousi is quoted as saying by state-aligned Tasnim News Agency. The freezone received parliament approval last week, according to a Sarakhs Zone statement.

Background: The bill approved the establishment of the freezone in the Khorasan-Razavi province, with the masterplan set to be ready within a year and half, the statement said. The zone will help boost trade between Iran and Turkmenistan, the statement added. It will also be developed in tandem with an airport and road-rail network, Garousi added.

About the two freezones: The Sarakhs Special Economic zone, located on the border of Turkmenistan, is connected to the Mashhad-Sarakhs-Tajn railway — a vital artery connecting several countries in Asia, and connecting Central Russia and China to open waters. The zone comprises transit roads, warehouses, and an industrial park, according to its website. Meanwhile, Bazargan Customs is a transit corridor between Iran and Asia and Europe, and is part of the Maku freezone, situated in Northwest Iran on the border, according to IRNA.

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