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Iranian private sector invests $120.3 million in Amirabad port

Business Materials 13 January 2014 15:38 (UTC +04:00)

Baku, Azerbaijan, Jan. 13
By Rahim Zamanov - Trend:

Iran's private sector has invested some 3.61 trillion rials equivalent to $120.33 million based the on the exchange rate of USD on the free market, in Iran's northern Amirabad port, Managing Director of the Amirabad Port Special Economic Zone, Seyyed Ali Naeemi said on January 12, the IRIB News Agency reported.

"More than 2.9 million tons of goods have been loaded and unloaded so far at the port from the beginning of the current Iranian calendar year (March 21, 2013)," Naeemi said.

"The port's loading and unloading capacity has increased four-fold in the past four years," he said, adding that the capacity currently stands at four million tons per year.

Naeemi said in November that Amirabad port is equipped with the most advanced maritime and telecommunication facilities and is suitable for industrial and trade investments.

The port was officially inaugurated in 2008.

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