Around 30 Firms Eying Investment in Iran`s Chabahar

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Aqayee said that 29 domestic and foreign companies have voiced readiness to invest in Shahid Beheshti Port of Chabahar.

These domestic and foreign companies applied to invest in the port in the first half of the current year (from March 21 to September 21). he added.

Turning to the increase of attraction of Foreign Direct Investment (FDI) in Chabahar Port. he stated. “as the largest oceanic port of the country with a strategic location and access to international free waters. Chabahar Port has a special place in Iran’s exchanges of goods with other countries in the region.“

As a gateway of doing trade and business with IORA (Indian-Ocean Rim Association). CIS (Commonwealth Independent States). Afghanistan. Central Asia and proximity to the ports in the Sea of Oman and Indian Ocean. Chabahar Port is the best transit route for regional countries in terms of offshore. onshore and security trade. he emphasized.

Elsewhere in his remarks. the director general stressed the special situation of Chabahar Port in view of industrialists and added. “Domestic and foreign sectors show high tendency to make huge investment in the port due to its strategic position.“

Submitting 29 applications by investors since the beginning of the current year and visiting more than 36 domestic and foreign delegations to Chabahar port are a solid evidence for the said claim. Aqayee added.

He put the number of domestic and foreign delegations that visited Chabahar port last year (ended March 20. 2019) at 150.

Last month. Managing Director of Russia’s Astrakhan Special Economic Zone Miloshkin Sergei said that Iran’s Southeastern port of Chabahr is very important for Russia. and President Vladimir Putin believes that the port can ease transportation of goods to the Gulf of Oman. other countries and the Indian subcontinent.

The strategic role of the port of Chabahar in connecting the ports located by the Caspian Sea to the Gulf of Oman has convinced Russian officials specially President Putin to use it as a route to transit goods to other countries and the Indian subcontinent in particular. Sergei added.

The Russian official went on point out that his country is planning to invest in constructing exclusive terminals in the port`s Shahid Beheshti jetty.

He hailed the ports convincing infrastructures and said it could well play an important role in enhancing relations among Iran`s numerous neighbors.