Private Sector Investments in Iranian Ports Rise Twofold
Private sector investments in Iranian ports amounted to 13.54 trillion rials ($107.22 million) in the last Iranian year (March 2018-19), showing a 102.15% rise compared with that of the previous year.
The investments were made in 18 projects, ISNA reported.
Iran’s private sector has invested 102.9 trillion rials ($814.71 million) in 318 southern and northern port projects in the last 10 years (March 2009-19).
The highest volume of investments over the past decade was made in the southern Shahid Rajaee Port with close to 28.27 trillion rials ($223.81 million).
Located 23 kilometers west of the port city of Bandar Abbas, the capital of Hormozgan Province, Shahid Rajaee is Iran’s biggest container port.
Source: Financial Tribune