19 memorandums signed on investments in Iran's ports

Business Materials 22 December 2018 09:45 (UTC +04:00)

Baku, Azerbaijan, Dec. 22

By Elnur Baghishov - Trend:

Some 19 memorandums on 18 trillion rial (roughly $428 billion) investments of the private sector in Iranian ports were signed at an event with participation of Managing Director of Ports and Maritime Organization of Iran Mohammad Rastad and businessmen, Trend reports via Iranian media.

So, according to the memorandums, 870 billion rials (roughly $20 million) will be invested in Shahid Rajaee Port, 7.17 trillion rial (roughly $170 million) in Imam Khomeini Port, 3.35 trillion rials (roughly $79 million) in Anzali Port, 1.03 trillion rials (roughly $24 million) in Bushehr Port, 3.32 trillion rials (roughly $79 million) in Chabahar Port and 700 billion rials (roughly $16 million) in Port of Noshahr.

"So far, 120 trillion rials [roughly $2.85 billion] of private sector investments have been attracted to the trade ports of the country," Mohammad Rastad said.