3355
NDFI, Chinese Finance  for Chabahar Port Development
Economy, Business And Markets

NDFI, Chinese Finance for Chabahar Port Development

The development project for Shahid Beheshti Port is likely to be financed by China as well as the resources of the National Development Fund of Iran (NDFI), FNA reported
Beheshti Port is one of the two commercial ports located on the eastern shore of Chabahar -- Iran’s southeasternmost city.
“The project is now 53 percent completed,” said the managing director of Ports and Maritime Organization (PMO) on Saturday, who added that the project has been financed by the PMO to this point.
The investment needed for developing the port is estimated to be $350 million, as the official said.
 Once the resources of the project are financed by the two newly specified channels, the project will be finished in the course of two years, said Mohammad Sa’eednejad.
According to Sa’eednejad, the development of Beheshti Port is one of the priority projects for the PMO.
In the first phase of the project, a new area for loading and unloading 6 tons of cargo will be developed, so that ships with long draft (vertical distance between the waterline and the bottom of the hull) of 14 meters can berth alongside the port, said Sa’eednejad.

 

Short URL : http://goo.gl/obEC8x

You can also read ...

CBI Outlines Top Priorities
The governor of the Central Bank of Iran, who took the reins...
Non-Oil Trade Value With Egypt Tops 80%
Iran traded 298,616 tons of non-oil commodities worth $128.23...
Interest Rate Growth Gathers Pace
Two major banks have been allowed by the Central Bank of Iran...
Domestic Shoe Industry Hit by Raw Material Shortage
Domestic shoe production has declined by over 70%, the head of...
Colza Production Breaks 30-Year Record
Colza production in Iran since the beginning of the current...
IKCO to Deliver Presold Peugeot 2008 SUVs
Extending apologies for the prolonged delay in the delivery of...
Tehran to Host Handmade Carpet Expo
The 27th Iran Handmade Carpet Exhibition is scheduled to open...
Rail Exports From Qom to CIS Grow 29%
More than 3,403 tons of goods were exported via railroads from...

Trending

Googleplus