Kish Free Zone Organization

International Exhibitions Center


International Exhibitions Center

A- Project Introduction

1. Project title: International exhibitions center

2. Sector: Services Sub-sector: Exhibition services

3. Products / Services: Holding international exhibitions and conferences

4. Location:

Free zone  Special Economic Zone  Industrial Park  Main location

5. Project specifications
This project is about construction of a place for holding international exhibitions in Kish. This complex includes various arts such as exhibition salons, international gathering roofed salons, office and management buildings, warehouses, place for keeping trusts, emergency ward, firefighting station, security, mosque, parking lot, formalities, open display platform, restaurant and coffee shop complex, residential area and gas station. A property with an area of 272000sqm is considered for this project that 128250sqm of that area belong to the
buildings and the rest to green area and yard.
The project provides jobs for 151 people and its annual capacity is 1 million visitors.
6. Annual Capacity: 1 million visitors per year
7. Land requirement: 272,000Sq.m
8. Land ownership: The land of this project belongs to the Kish Free Zone Organization that can be leased to investors

9. permissions:
The permissions for any type of authorized economic activities in Kish free zoon are issued only by Kish Free Zone Organization. Meanwhile, if a plan needs to any other license and permits from
other competent authorities, the organization of zone will send the inquiries and the investor is only obliged to follow this subject
10. Construction and operation period:

The construction project will be done in 3 years and the operation phase is 15 years.
11. Target market:

Kish Island is indeed one of the beautiful islands of Persian Gulf. Due to closeness to international waters and acting as a free trading zone, this island enjoys some unique advantages for holding international exhibitions and Kish Island hosts dozens of specialty and international exhibitions
every year. Presently, this island lacks an exhibition center in international standards level equipped with additional standard facilities. Therefore, constructing an exhibition center with fulfilling such advantages is so essential for the island
As the only entity in charge of infrastructure affairs in this island, Kish Free Zone Organization provides so significant supports for the investors interested in this field of activity.
12. Access to Infrastructures:

Distance to project locationInfrastructure requiredtem
At the siteWater1
At the siteElectricity2
At the siteTelecommunication4
At the siteThe main road5
380kmRailway station8

B- Financial structure:
13. Cost and benefits

USD $ 5.4 millionCapital expenditure
USD $ 5.9 millionOperating Revenue
USD $ 3.4 millionOperating cost

14-Financial index

USD $ 2.5 millionNet benefit
1.73Benefit–cost ratio (B/C()
3.0 YearsPayback Period

15-Economic index

USD $ 8.0 millionNet present value (NPV)
37 %Internal rate of return (IRR)
25 %Break-even point

16. Methods of participation:
For this project, investor may proceed with individual investment by obtaining necessary permits or undergo partnership with Kish Free Zone Organization for carrying out project through various
partnership models.
C- Incentives, features and advantages of the project:

17. Incentives:

• Simplified formalities for re-export and goods transit
• Tax exemption and the benefits of accessing to foreign
• 20year tax exemption for any type of financial business
• Preferential rates of land to build hotels and recreational tourism places.
• Customs duties exemption to imports raw materials and industrial machinery of the production units
• No restrictions on entry and existence of the exchange currency on any amount and the possibility
to transfer money to foreign companies.
18. Support and legal advantages:

• Foreign nationals’ entrance with no visa
• Legally protecting and ensuring foreign investors.
• Registering company with 100 percent foreign ownership
• Have the right of entry and exit the capital and the profits
19. Special and unique benefits of the region:

• Having access to the international free waterways
• Having an energy source (gas) independent of the mainland
• The ability to transit goods to neighboring CIS countries and Iran
• High level of security and social peace and low levels of social disorder
• A harbor with the ability of berthing vessels with 12,000 tones capacity.
• Exporting products to foreign countries without paying customs and harbor duties
• International Securities Exchange activity and oil and petrochemical products stock
• Having good optical fiber network and an independent private mobile network privileges
• Having an independent airline and shipping lines with the possibility of transporting vehicles