News ID: 263105
Published: 1234 GMT December 17, 2019

Contracts worth $1.3b signed for development of Iranian ports

Contracts worth $1.3b signed for development of Iranian ports

Iran’s Ports and Maritime Organization (PMO) has signed nine investment deals worth about $1.31 billion with domestic investors to develop Iranian ports since the beginning of the current Iranian year (March 21, 2019).

Speaking at a ceremony on the occasion of National Transportation Day on Tuesday, PMO Managing Director Mohammad Rastad said that despite all the US efforts for hurting Iran’s economy and its maritime transport industry, non-oil imports through the country’s ports has witnessed a 15.8-percent rise while exports grew by 2.2 percent, mrud.ir reported.

According to the official, since the beginning of the current Iranian year, 23.5 million tons of goods were imported into the country’s ports and 38.6 million tons of commodities have also been exported.

Delivering his speech at the same event, the Deputy Head of PMO Mohammad-Ali Hassanzadeh said that over the past year about $3.76 billion have been invested in various maritime and port sectors in the form of 330 investment deals.

“Investments in this sector have increased by 53 percent compared to last year,” he added.

On the sidelines of the ceremony, PMO also signed two investment deals worth about $21.4 million with the country’s private sector.


 

   
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