BAKU, Azerbaijan, Feb. 1
By Elnur Baghishov – Trend:
Iran has spent $1 billion on the establishment of infrastructure in the Chabahar port in Sistan and Baluchestan Province (northeastern Iran) and supplying the port with equipment, Deputy Chairman of the Ports and Maritime Organization of Iran (PMO) Farhad Montaser Koohsari said, Trend reports citing PMO’s official website.
He made the remark in a meeting with Indian officials on the development of the Chabahar port.
According to Koohsari, the Iranian side also wants India to invest in the port as soon as possible.
The deputy chairman noted that a number of contracts have been signed with 17 investors for the construction of various storage facilities in the Chabahar port, including oil and gas storage facilities. In addition, certain contracts on 11 projects will be signed related to the development of Chabahar port. Upon completion of all development plans, the port will provide full services on transit, export and even transshipment.
“The Chabahar port can serve as a bridge between India and Central Asian countries in the development of economic relations,” he said.
Koohsari added that the 140-ton cranes installed by the Indian company Indian Ports Global Ltd (IPGL) in the Chabahar port will operate in the area of container and transit.
According to a memorandum between Iran, India and Afghanistan, the Iranian port of Chabahar is used for trade between India and Afghanistan. Indian Ports Global Ltd (IPGL) is the operator of the Chabahar port will invest $85 million to the port.
About 316,000 tons of cargo were loaded and unloaded at the Chabahar port of the Sistan and Baluchestan Province (southeastern Iran) in the 9th month of the current Iranian year (November 21-December 20, 2020).
Thus, 56,900 tons of cargo were loaded and 259,000 tons were unloaded at the port over the reporting month.