Iran's Ports and Maritime Organization to purchase new ships

Business Materials 15 June 2020 19:40 (UTC +04:00)

BAKU, Azerbaijan, June 15

By Elnur Baghishov - Trend:

Iran's Ports and Maritime Organization will purchase 43 ships, said Deputy Minister of Roads and Urban Development and Chairman of the Iranian Ports and Maritime Organization (PMO) Mohammad Rastad, Trend reports citing the organization’s official website.

A total of 100 million euros will be spent on the purchase of these ships, Rastad said.

Rastad added that these ships are designed for the transportation of security guards and other personnel of the organization.

Furthermore, it is planned to manufacture 40 ships in Iran, and more than 36 trillion rials ($858 million) will be spent on their production, said the deputy minister.

The chairman said that 12 port facilities will be commissioned in the country's ports in the current Iranian year (began March 20, 2020). About 6.5 trillion rials ($154 million) have been allocated for the construction and commissioning of these port facilities.

Two of these facilities are located in the port of Shahid Rajaee and six in the port of Imam Khomeini.