Iran to assign small ports to private sector in two months

Business Materials 7 September 2019 09:20 (UTC +04:00)

Tehran, Iran, Sept.7


Iran's Ports and Maritime Organization (PMO) will assign small ports to private sector in the next two months, said Deputy Head of Iran's Ports and Maritime Organization (PMO) Mohammad Ali Hassanzadeh.

"Considering completion of cohesive study plan of the country's small ports, the assignment of ports to the private sector will start in two months," said Mohammad Ali Hassanzadeh, Trend reports citing PMO website.

"We have started to monitor infrastructures in small ports technically; we will announce soon which ones to be transformed into economical ports due to technical requirements," he added.

"Iran has 48 small ports, and some of them need to be assigned to the private sector for ports investment and development," he added.

"The study of small ports has been completed recently and the precise requirements for ports transformation to economical ports have been identified," he noted.

"We are currently reviewing another plan to detect technical problems in infrastructures to determine whether the port is suitable for private sector or the public sector," he said.

"The studies will identify technical needs and the expected volume of investment. At the first phase, the qualifications of investors will be assessed, and then various parameters for creating jobs and revenues will be reviewed," he added.