Nearly 30 companies keen on Iranian port

Chabahar Port Chabahar Port is attracting investment interest. Image: Iran Ports & Maritime Organization

29 companies have applied for investment in a port in Iran during the first six months of this year.

Behrouz Aghaei, director general of ports and maritime of Sistan and Baluchestan, said the interest in Chabahar Port, Iran’s largest port, for its strategic location, access to international free water and reputation as a secure investment. The port is also important for Iranian trade exchanges with other countries in the region, he said, according to Iran’s Ports & Maritime Organization.

Chabahar Port as a gateway to trade with IORA, CIS, Afghanistan and Central Asia, and due to its proximity to the Oman and Indian Ocean ports is considered the best transit route for regional countries in terms of sea, land and security trade.

Mr Aghaei emphasised the special status of Chabahar, which consists of two separate ports; Shahid Kalantari and Shahid Beheshti. He noted that the tendency of the domestic and foreign private sector to be present in Shahid Beheshti Port shows that Iranian and other investors are considering this port as safe for investment.

He said that the submission of 29 investment applications since the beginning of this year and the visit of more than 36 domestic and foreign delegations to the Shahid Beheshti Port of Chabahar is a prime example of the national and transnational importance of this port from officials and investors' point of view.

Last year, 150 domestic and international delegations visited Chabahar Port, which resulted in the submission of 65 investment applications, from which 17 cases reached the final stages of contract.

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