29 Firms May Invest in Chabahar Port

Maritime Activity Reports, Inc.

September 25, 2019

Pic: Ports & Maritime Organization

Pic: Ports & Maritime Organization

29 companies have applied for investment in the Shahid Beheshti Port of Chabahar, Iran,  in the first six months of this year.

Behrouz Aghaei, Director General of ports and maritime of Sistan and Baluchestan, said that Chabahar Port, as the country's largest oceanic port with a strategic location and access to international free water, has a special place in Iranian trade exchanges with other countries in the region.

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 the best transit route for regional countries in terms of sea, land and security trade.

Director General of ports and maritime of Sistan and Baluchestan emphasized on the special status of Chabahar and 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 a safe port for investment.

Aghaei added 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 the port of Chabahar, which resulted in the submission of 65 investment applications, from which 17 cases reached the final stages of contract.

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