Chabahar Port Signs 11 Investment Contracts

July 24, 2019

Chabahar Port, the seaport located in southeastern Iran, on the Gulf of Oman, has signed 11 investment contracts.

Considering this, it is expected that by the end of this year significant investments will be made in this port,  said the Director General of Ports and Maritime of Sistan and Baluchestan, Behrouz Aghaei.

Aghaei added that 12 companies have already invested in Chabahar port.

Due to the increase in annual loading and unloading capacity of Chabahar port, the port offers great investment opportunities, he said.

Aghaei continued:  "The foreign and domestic investors have chosen  the port of Chabahar as their investment destination, and in recent years we have witnessed an increasing number of investors in this port. Due to the increase in annual loading and unloading capacity of Chabahar port to eight million tons in the first phase of the Shahid Beheshti Port Development Project, this port offers good investment opportunities."

The port of Chabahar, as the largest oceanic port of the country, has great potential in terms of land and sea, due to its location outside the Persian Gulf, he said. It can play a significant role in increasing the level of maritime trade in the country, he added.

Logistics News

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Subscribe for Maritime Logistics Professional E‑News

Four US LNG cargos diverted from Europe to Asia
Google funds electrician training as AI power crunch increases
Syria signs 30-year agreement with French shipping giant CMA CGM