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Iran's Imam Khomeini port’s terminals capacity to be expanded

Business Materials 19 August 2020 23:33 (UTC +04:00)
Iran's Imam Khomeini port’s terminals capacity to be expanded

BAKU, Azerbaijan, August 19

By Elnur Baghishov – Trend:

The capacity of the grain loading and unloading at the terminals of the Imam Khomeini port in the Khuzestan Province (southwestern Iran) will be expanded, said Director General of Ports and Maritime Organization (PMO) of Iran’s branch in Khuzestan Province Adil Deris, Trend reports citing IRNA.

According to Deris, 8 trillion rials (about $190 million) will be invested in the expansion of the terminals in cooperation with private sector.

The director general added that 3.5 million tons of cargo per year can be loaded and unloaded at the port's grain terminal No. 3 with an investment of 3 trillion rials (about $71.4 million).

"With an investment of 5 trillion rials [about $119 million], grain terminal No. 2 can load and unload 5 million tons of cargo per year," he said.

More than 15 million tons of essential products, including grain, were imported to Iran through Imam Khomeini port in the last Iranian year (from March 21, 2019 to March 20, 2020).

About 2.91 million tons of products were loaded and unloaded in the Imam Khomeini port during the first four months of the current Iranian year (March 20-July 21, 2020).

In addition, 1.17 million tons of products were exported through this port, and 1.31 million tons of products were imported through the port during the reporting period.

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