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.

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