BAKU, Azerbaijan, August 11. Iran's Amirabad Port and Maritime Department has received 9 new applications for investment in Amirabad port of Mazandaran Province (northern Iran), Director General of the Amirabad Port and Maritime Department Mohammad Ali Saeedipour said, Trend reports citing Iranian Ports and Maritime Organization (PMO).
The director general said that private companies are working on these applications and contracts with investors are expected to be signed in the coming months.
Saeedipour added that the interest of companies to invest in Iranian ports is expected to increase with the new strategy of the PMO on the attraction of investment in the country’s ports.
“In total, the private sector has so far invested more than 19 trillion rials (about $452 million) in the Amirabad port,” he noted.
According to Saeedipour, 28 facilities have been put into use with an investment worth 10 trillion rials (about $238 million).
At the same time, the construction of 13 more facilities are underway with the investment of more than 9 trillion rials (about $214 million), the official pointed out.
Iran's Amirabad port is located on an area of 1,060 hectares. The port can receive 7.5 million tons of cargo per year.
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