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Private Investments in Astara Port Reach $2m

Private Investments in Astara Port Reach $2m
Private Investments in Astara Port Reach $2m

Iran’s private sector invested 500 billion rials ($2 million) in Astara Port located in the northern Gilan Province in the last Iranian year (March 2019-20), according to the head of Astara Ports and Maritime Organization.
“The investments were made in establishing infrastructures such as wharfs and port facilities, storehouses, grain silos and water canals, and expanding radio communications and marine traffic control facilities,” Kianoush Amiri was quoted as saying by IRNA.
The official noted that Astara Port is willing to facilitate private sector investments in all areas, especially food processing industry and marine tourism.
More than 10,184 tons of goods were loaded and unloaded in Astara in the last Iranian year (March 2019-20) to register a 35% increase compared with the year before, according to figures released by the Ports and Maritime Organization.
The throughput pertained to the export of construction material, mineral products, fertilizers and chemicals.

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