MOUs, deals signed with private sector on Chabahar development

February 27, 2019

TEHRAN- Eight memorandums of understandings and deals were signed with private sector on development of Iran’s southeastern port of Chabahar, IRNA reported.

The Ports and Maritime Department of Sistan-Baluchestan Province inked the MOUs and deals with some Iranian private companies on Tuesday evening on the sidelines of the International Conference on Chabahar Development which was held at the international conference hall of Chabahar Free Zone.

Construction of two multipurpose warehouses, establishment of a passenger shipping line between Chabahar Port and Oman’s Port of Muscat, and building a specialized container yard at the port were some of the projects that for their implementation the mentioned MOUs and deals were signed, according to Behrooz Aqaei, the director general of Ports and Maritime Department of Sistan-Baluchestan Province.

As reported, Mohammad Rastad, the head of Iran’s Ports and Maritime Organization (PMO), was also present in the signing ceremony.

The international conference of Chabahar, which was participated by a number of Iranian officials including Transport Minister Mohammad Eslami, PMO head, and Secretary of Iran’s Free Zones High Council Morteza Bank, in addition to some participants from other countries, presented the investment opportunities and also potentials and facilities available in the southeastern port of Iran to the audience including Iranian investors.

Lying on the coast of the Gulf of Oman in Iran’s southeastern Sistan-Baluchestan Province, Chabahar is the country’s only oceanic port and given its strategic location in the International North-South Transport Corridor (INSTC) development of the port is of high significance for Iran.

MA/MA

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