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First loading and unloading equipment enters Iranian Chabahar port

Business Materials 18 January 2021 09:05
First loading and unloading equipment enters Iranian Chabahar port

BAKU, Azerbaijan, Jan. 17

By Elnur Baghishov – Trend:

The first loading and unloading equipment worth $8.5 million have entered the Chabahar port in the Sistan and Baluchestan Province (southeastern Iran), said Behrouz Aghaei, the Director-General of Ports and Maritime Organization of Iran’s (PMO) branch in Sistan and Baluchestan Province, Trend reports referring to the PMO’s website.

The director-general noted that the equipment was delivered based on an agreement between the Iranian Ports and Maritime Organization and a relevant Indian company in a direction to equip Chabahar port and increase the operation of the port.

Aghaei added that the equipment was delivered within $85 million worth of investments by Indian Ports Global Ltd (IPGL) in the Chabahar port.

“The Indian company fulfills its obligations under a long-term contract,” he said.

Aghaei also stressed that Iran's Chabahar port is the first port to be supplied with foreign investments by 100 percent.

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