Navid Khaleej Fars oil extraction (NKF), officially inagurated on 7th of February 2017 as the largest Private investment in Iranian food industry. NKF oil extraction is located at strategic Imam Khomeini Port (B.I.K) which is the main commodities hub of Iran, it is estimated that near 80% of commodities and food imported to Iran are from this international port. NKF plants construction began in August of 2009. The first phase is now completed, The 2nd and 3rd phases will also be completed in 2018.