News ID: 235204
Published: 0345 GMT December 03, 2018

Iran signs investment contracts for three strategic ports

Iran signs investment contracts for three strategic ports

Iran has signed an investment contract for three strategic ports of Imam Khomeini, Shahid Rajaei and Chabahar ports in the south of the country.

According to IRNA, Deputy Head of Ports and Maritime Organization Ali Hassanzadeh further said investment will be made in four port cities of which three are in the south.

He pointed out that the signing of this year's agreements for the construction of a sugar refining plant, refining oil, producing Bio-ethanol Production and other industrial activities in special economic zones are aimed at attracting investors to added-value activities in the ports.

Hassanzadeh noted, "In the port of Imam Khomeini, specialized grain terminals are created, some of which will become operational by March. Also discussion on identifying the operator and the container terminal is on the Ports and Maritime Organization's agenda."

He concluded, "In the smaller ports in southern Iran, discussions on maritime transport focuses on reviving their role in maritime economy and creating jobs."

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