...

Iran looking to put more investments, effort into its Chabahar Port

Business Materials 28 February 2022 20:14 (UTC +04:00)
Iran looking to put more investments, effort into its Chabahar Port

TEHRAN, Iran, Feb.28

Trend:

Iran is seeking to develop Chabahar Port through investments and improved trade, said Head of the Transportation and Logistics Commission of Iran Chamber of Commerce Ali Hosseini, Trend reports citing ILNA.

"The government has started to develop the port and expected to access national railway network to Chabahar Port by 2023," he said.

"Iran can export petrochemical products via this port and can cover transit to Pakistan and Afghanistan. Chabahar port could provide services to Iran and foreign shipping lines," he indicated.

"The Iranian and Indian governments are investing in Chabahar Port for the construction of the railway route. Afghanistan and Pakistan are also interested in investment in Chabahar to connect to the International North-South Transport Corridor," said Hosseini.

Iran, India, and Afghanistan signed a trilateral economic agreement in January 2016, to develop the Chabahar Port in south-eastern Iran.

Tags:
Latest

Latest