Unemployment lowest in free trade zones

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No one is jobless in Kish Free Trade Zone, the unemployment rate in Qeshm FTZ (about 6%) is half the country’s average and the number of jobless is very low in Aras FTZ, the secretary of High Council of Free Zones said.

“The highest unemployment rates among FTZs have been registered for Arvand and Khorramshahr due to lack of infrastructures in the aftermath of Iran-Iraq War (1980–88),” Morteza Bank was also quoted as saying by the Persian daily Shahrvand.

“But the conditions are improving. Over the past couple of years, several manufacturing units were established in Arvand, which has triggered a reverse migration trend in this free trade zone. Figures show that FTZs have a workforce of around 265,000 and special economic zones employ 176,000.”

An estimated 90,000 jobs have been created in Iranian FTZs during the past four years, he had said earlier, noting that 6,000 people are working on Kish Island alone in the field of tourism.

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