Economy, Business And Markets

Iran’s Logistics Sector Ready for Boost

Iran’s Logistics Sector Ready for BoostIran’s Logistics Sector Ready for Boost

Long lines of trucks formed at customs just outside Tehran.

Machine components, electronics and pharmaceuticals: everything that Iran imports has to pass through here.

About 150 to 200 trucks are unloaded each day. Before the sanctions, it was up to 600. People expect even more trucks to unload their goods here in the near future, Germany’s international broadcaster Deutsche Welle reported.

“Presently, I believe they are writing and setting out different contracts, and traders are still negotiating. But by the time, I think we will be receiving more cargo by the end of 2016, close to the end of the year. That is the time all these contracts will be materialized, I believe,” said Majid Parvin, Tehran Container Terminal.

Many shipments bear their “Made in Germany” label. Before the sanctions, Germany was one of Iran’s most important trading partners. Parking lots are full of German luxury cars, such as Mercedes, BMWs and Porsches. And their numbers are growing by the day.

Most goods still come from China into Iran, but the focus is shifting toward Europe. People here say it is only a matter of time before the demand for European products goes beyond cars and luxury goods to everyday products as well.

And the flow of goods is expected to continue uninterrupted. Iran has modernized its customs, clearance and merchandise logistics in recent years.

With the expected boom, the transport industry could create thousands of much needed jobs.