Makoran Petrochemical Complex
Negin Makoran Petrochemical Complex
Selection of Chabahar region as a future petrochemical hub by the Iranian Government, and taking advantage of the outstanding strategic position of that region were the main incentives for choosing the Free Trade-Industrial Zone of Chabahar as the location for Mokran Petrochemical Complex.
Accordingly, Negin Mokran Development Company (NMDC) was established and designated as master developer of the project; in effect taking the responsibility of creation and development of Iran’s third petrochemical hub. Covering an area of approximately 1,200 hectares, Mokran Petrochemical Complex consists of four urea-ammonia plants, four methanol-ammonia plants, four methanol plants, two olefin plants, one aromatics plant, one methanol-to-propylene plant and one crystal melamine plant plus three sections reserved for construction of additional plants and nine sections reserved for construction of 30 downstream units.
NMDC is in charge of creating the infrastructures (acquiring land, preparing the foundations for the complex), construction of concentrated utility services, and construction and development of storage, tanks and terminals. National Iranian Gas Company (NIGC) is in charge of constructing the 7th (natural gas) pipeline, 902 KM of which has been completed from Asaluyeh to Iranshahr and the remaining 340 KM is under construction from Iranshahr to Chabahar. From there, NMDC will construct a 15 KM extension to the site of the complex (NIGC will compensate NMDC for the expenses by adjusting the price of gas). NMDC is also in charge of construction of a 1070 KM ethane pipeline from Asaluyeh to Chabahar as feed for the olefin plants within the complex.
Upon completion of the project, NMDC will manage the distribution of the utility services, the product pipeline, storage, tanks and terminals, as well as managing the civic affairs of the complex.
NMDC has thus far spent about US$60 million for completing several tasks, including: completion of conceptual, technical and economic feasibility studies; Environmental Impact Assessment (EIA) study for acquiring related permits from the responsible agencies; leveling and foundation work on the land; providing water and electricity, constructing access roads; surface runoff channeling network …
Total projected production capacity of the complex will be 25 MTPY, a considerable part of which will be exported with the rest being either used as feed for other plants and downstream units within the complex or shipped to domestic markets. With total projected expense of about US$ 12 billion, total annual income is estimated at about US$ 14 billion.
Twenty-year tax and tariff exemption, more than 1000 KM reduction in shipping distance (as compared with average distance from inside the Persian Gulf), being the major trade corridor to land-locked Central Asian markets, direct access to the Indian Ocean, being outside of the Persian Gulf and strait of Hormuz and thereby not subjected to the related regional tensions and many other advantages are why NMDC has been able to secure several contracts with investors with total projected investment value of about US$4.5 Billion.
By bringing employment and development to the region and creating attractive opportunities for our investors, we believe that the future can only become brighter.
Address: Industrial 8th Corps
Total area: 300 hectares
Total investment: 30 trillion riyals
Product Name: Creation of a pelletizing unit with a capacity of 6.4 million tons per year, sponge iron with a capacity of 4,000,000 tons per year, CBI briquettes of 240,000 tons
The tourist town of Chabahar is located on an area of approximately 20 hectares in the eastern part of the Chabahar Free Zone.
This region, which is located as the only oceanic port of the country on the shores of Makran and adjacent to Chabahar, has been considered as one of the most important opportunities for investment and growth in the field of commerce, industry and tourism.
Considering the development prospects of the region, its infrastructure and applications should also be developed. Therefore, the project of the Royal Oyster Tourism City is aimed at providing distinct services of standard quality, experience and new style of life based on the principles of sustainable development and the provision of part of the development needs of the region.
The features of this project include:
Placing in a free trade-industrial zone
Access to the only oceanic port of the country
Proximity to the existing commercial chambers of Chabahar
Existing foreign investment opportunities with regard to the development of maritime transport with the countries of the Indian Ocean
Unique View of the Indian Ocean and Chabahar Bay
This project has been designed with an area of approximately 500,000 square meters in different sectors with commercial, office, residential, tourist, residential, cultural, sporting, service facilities:
Commercial-Cultural-Sports Complex (Phase I)
Commercial-Cultural-Sports Complex (Phase II)
Sports & Recreation Complex
High-rise residential complex
Villas Apartment Complex
5-star hotel complex
Apartment Hotel Complex
This hotel is the largest hotel in the south-east of the country.
Block A is a 23-story building with a sports complex, cinema, classical parking, a playground and restaurant on the 88,000 square meter floor, and a B block with an area of 14,200 square meters in 7 floors.