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Iran discloses amount of investments made in Iranian ports

Transport Materials 27 January 2020 18:35 (UTC +04:00)
Iran discloses amount of investments made in Iranian ports

BAKU, Azerbaijan, Jan. 27

By Elnur Baghishov - Trend:

The private companies’ investments in Iranian ports increased by 54 percent during 10 months (March 21 – January 20) of this Iranian year (begins on March 21, 2019) compared to the same period of last Iranian year, Director General of Ports and Economic Zones Department of Iran’s Ports and Maritime Organization Huseyn Sadeqinejad Parizi said.

“An investment agreement worth 54.9 trillion rials (about $1.3 billion) was signed in the Iranian ports till the 10th month,” Parizi said, Trend reports referring to the organization’s website.

“These investments will be mainly made in the construction of a railroad terminal at the ports of Chabahar, Shahid Rajaee and Imam Khomeini, the construction of a warehouse provided with equipment and the creation of a system for export of oil products,” director general of the department said.

Iranian Ports and Maritime Organization has prepared various packages for domestic and foreign investors for making investments in Iranian ports,” Parizi said.

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