Nine foreign investment projects to the tune of $200 million have been approved for Iran's Bandar Imam Khomeini port, Khuzestan Province, the director of Organization for Investment, Economic and Technical Assistance of Iran stated on Monday.
Behrouz Alishiri said the projects include the establishment of a sugar refining plant at the cost of 115 million euros which will be the largest of its kind in the Middle East, the Mehr News Agency reported.
The Bandar Imam port is a transshipment point for containers, bulk and general cargo, with exclusive access to the facilities held by Iran Shipping Lines. The port has seven terminals with 40 berths of about 6,500 meters frontage.