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Private Sector Investments in Iranian Ports Rise Twofold

Private Sector Investments in Iranian Ports Rise Twofold 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.

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