Al-Faw Grand Port Economic Zone
Al-Faw Grand Port Economic Zone is a Special Economic Zone located in Al-Faw, Basra, Iraq, established in 2024, with Source role only: General Company for Ports of Iraq is a party to the preliminary agreement; not confirmed as statutory zone authority listed as its governing authority.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Al-Faw, Basra, Iraq |
| Year Established | 2024 |
| Area | 140 ha hectares |
| Governing Authority | Source role only: General Company for Ports of Iraq is a party to the preliminary agreement; not confirmed as statutory zone authority |
| Status | planned |
Recorded Benefits and Incentives
No customs duties or taxes on imports or exports, No value-added tax (VAT), No capital gains or corporation tax, Offshore banking permitted, No foreign exchange restrictions
Verify eligibility and current terms with the zone authority.
Recorded Sector Focus
Al-Faw Grand Port Economic Zone is listed with a sector focus including Automotive And Ev and Maritime And Port Logistics.
About Al-Faw Grand Port Economic Zone
Al-Faw Grand Port Economic Zone is a 140.0-hectare special economic zone located in Al-Faw, Basra, Iraq, established in 2024 under the regulatory oversight of Source role only: General Company for Ports of Iraq is a party to the preliminary agreement; not confirmed as statutory zone authority. The zone specializes in automotive and ev, maritime and port logistics, providing customs, fiscal, and infrastructure support for domestic and international enterprises.
Frequently Asked Questions
What type of zone is Al-Faw Grand Port Economic Zone?
Al-Faw Grand Port Economic Zone is a Special Economic Zone.
Where is Al-Faw Grand Port Economic Zone located?
Al-Faw Grand Port Economic Zone is located in Al-Faw, Basra, Iraq.
When was Al-Faw Grand Port Economic Zone established?
Al-Faw Grand Port Economic Zone was established in 2024.
Which governing authority is listed for Al-Faw Grand Port Economic Zone?
SEZ Explorer records Source role only: General Company for Ports of Iraq is a party to the preliminary agreement; not confirmed as statutory zone authority as the governing authority for Al-Faw Grand Port Economic Zone. Confirm its current jurisdiction and remit with the authority.
Which sectors are listed for Al-Faw Grand Port Economic Zone?
Al-Faw Grand Port Economic Zone is listed with a sector focus including Automotive And Ev and Maritime And Port Logistics.
Which benefits and incentives are recorded for Al-Faw Grand Port Economic Zone?
SEZ Explorer's current record lists: No customs duties or taxes on imports or exports, No value-added tax (VAT), No capital gains or corporation tax, Offshore banking permitted, No foreign exchange restrictions Verify eligibility and current terms with the zone authority.