Mehrshahr Special Economic Zone

The Mehrshahr Special Economic Zone is the public-private partnership responsible for the governance and development of a free trade zone and settlement adjacent to the ancient Babkhan city of Mehrshahr.

History

Inspired by the International Mandate for the Settlements in Apollonia, and seeking elusive profits in light of the upheaval caused by the Third Euran War, some entrepreneurial, disaffected factors, as well as a few legitimate businessmen duly-supported by certain entrenched interests as well as by the moribund Constancia-Suren Chamber of Commerce, which was in dire need of lucre, influence, and relevance, by dint of diplomacy and the liberal application of legal tender, managed to secure a decree establishing a Special Economic Zone, to be under the absolute sovereignty of the Suren Confederacy, but autonomously governed in the manner of the foreign barbarians and in accordance with their laws and cultural practices.

In 1708 AN the Court of Commissioners for Mehrshahr were placed in subordination to the Committee of Euran Salvation.

Governance

The legal document reposed the governance of the Special Economic Zone in a Governor and Court of Commissioners, in whom all plenipotentiary power was vested. Ulrich von Hutten, Ahmeras Dekalion, Andrea Pandes, Aniketos Pachis and Isabella Merrick I "Genitrix" comprised the inaugural Court, with Ahmeras Dekalion as the first Governor.

Development

To the surprise of many, Parap Construction and Engineering was awarded an exclusive construction contract in lieu of its more well-known competitor, ESB Construction, although significant technical consultancy contracts were awarded to Euran Secure Buildings and ESB Engineering. ESB Construction still managed to bag the contract to construct an industrial-grade port.

The first contract for banking services was awarded to Mehrshahr Commercial Bank, a consortium of regional players.