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Iran looks to showcase Chabahar port's benefits to investors

Business Materials 26 February 2019 12:54 (UTC +04:00)

Tehran, Iran, Feb.26

Trend:

Iran is marking the Chabahar Day on Feb. 26, to promote the investment and development at the Chabahar Port, while it aims to boost the ties in the region and compete with the rivals.

The Deputy Managing Director of Iran Ports and Maritime Organization Hadi Haghshenas brought up comparisons of Chabahar with Dubai in an interview with Trend.

"Dubai's coasts 40 years ago lacked good weather and soil but due to good conditions today, Dubai has turned into a popular tourist destination, but the facilities in Iran aren't good enough to develop and improve the Chabahar Port," he said.

He went on to add that Chabahar port is an important strategic port in Iran and it can be a source of imports of goods and play a special role in regional cargo transit, so that Central Asian countries (Turkmenistan), as well as Afghanistan would have the shortest route to the Indian Ocean and the Gulf of Oman, via the Chabahar port.

"On the other hand, while the Saudi Crown Prince Mohammad Bin Salman has chosen China and India as the economic destinations and invests billions in them, it indicates the importance of India, China and Pakistan in the region," said Haghshenas.

He also noted Iran’s land accessibility to Pakistan and closeness to India and China. The official went on to say that the Chabahar port is the closest port to the ocean, as well as to Pakistan, India and China.

"This is a good opportunity to introduce the capacities and investment opportunities of this port to the conference," Haghshenas said.

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