Khuzestan Province - Economy

Economy

Khuzestan is the major oil-producing region of Iran, and as such is one of the wealthiest provinces in Iran. Khuzestan ranks third among Iran's provinces in GDP.

In 2005, Iran's government announced it was planning the country's second nuclear reactor to be built in Khuzestan province. The 360 MW reactor will be a light water PWR Reactor.

Khuzestan is also home to the Arvand Free Trade Zone. It is one of six economic Free Trade Zones in Iran. and the PETZONE (Petrochemical Special Economic Zone in Mahshahr).

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Famous quotes containing the word economy:

    Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.
    Friedrich Nietzsche (1844–1900)

    The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.
    Ralph Waldo Emerson (1803–1882)

    Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.
    Ralph Waldo Emerson (1803–1882)