Public Participation in Development of Free Zones to Be Boosted
IRAN NEWS ECONOMIC DESK
TEHRAN – Secretary of Iran’s High Council of Free and Special Economic Zones Morteza Bank and Deputy Minister of Cooperatives, Labor and Social Welfares Mohammad Jafar Kabiri yesterday signed a memorandum of understanding on boosting the public participation in the economic and social development of free trade and industry zones.
During the meeting, Mr Bank said that justice-oriented economy can be materialized through activities of cooperatives, adding that one of the important segments of the national economy is the cooperative sector which has been raised with a justice-oriented approach and it is considered as an economic current in the world.
He reiterated that development and progress is impossible without social participation, adding launching cooperatives in the free zones can pave the way in its best form for public economic participation in the developmental projects in the zones based on the cooperative format.
Mr. Bank further said this form of participation, beside its positive effect on the development in the zones, is effective in improving the level of people’s livelihood.
He added that setting up of cooperatives and public participation in implementing the projects in the free trade zones has created good ground for the pick-up in domestic production and it is a precious opportunity for the national economic development.
Meanwhile Mr. Kabiri, for his part, said that knowledge-based cooperatives will be launched in the free trade zones, adding that the ministry will support presenting products of cooperatives in the market and announced readiness for ministry with the free trade zone.
