MIDDLE EAST

Private investment in Iranian ports

19 years ago

Since the start of its financial year on March 21, 12 private companies have signed contracts worth $181m to operate in nine Iranians ports, according to official figures.

Further investment of $123m put together by an additional 14 companies is also said to be under consideration.

The investment covers a range of projects involving container terminals, silos and tank farms, and others.

Five of the projects, totalling $32.4m, are centred on Imam Khomeni Port.

Other major investment is earmarked for Amirabad, Chabahar and Fereydunkenar, while Khorramshahr, Anzali and Noshahr have, to date, not been viewed as attractive by private investors.