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Private sector participation in Iran's ports - necessary - Iran's Port and Maritime Organization

Transport Materials 11 January 2021 13:25 (UTC +04:00)
Private sector participation in Iran's ports - necessary - Iran's Port and Maritime Organization

BAKU, Azerbaijan, Jan.11

Trend:

The continuous participation of the private sector in Iran's ports could have a remarkable effect in this field, said the vice-chairman of the non-oil export commission at the Iran Chamber of Commerce.

"Private sector could pay special attention to ignored capacities in ports. The continuous and long term investment in ports and hinterlands would lead to growth," said Mohammad Ali Mohammad Mirzaiean, Trend reports citing Port and Maritime Organization website.

"Investment in ports, free and special economic zones requires a certain process. There is a need for economic stability to have better activity in the field of investment. The unpredictability of Iran's economy is a challenge for investors, more attention should be paid to long-term investment that requires proper conditions for businessmen in ports," he noted.

"It is necessary that Ports and Maritime Organization would prepare the investment fields in ports and provide the proper conditions for private sector participation. The most important factor in investment is profit therefore investor's interests especially in the private sector should be supported," he added.

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