Economy, Domestic Economy

German Firm Mulls Investing in Ports

German Firm Mulls Investing in PortsGerman Firm Mulls Investing in Ports

The Deutsche Gesellschaft für Internationale Zusammenarbeit Vice Chairman of Management Board and Managing Director Christoph Beier met with Iran’s deputy head of Ports and Maritime Organization Jalil Eslami in Tehran last week to discuss potential investment in Iranian ports.

At the meeting, Beier spoke of the history and services of his company, Mehr News Agency reported.

As a federal enterprise, GIZ supports the German government in achieving its objectives in the field of international cooperation for sustainable development, he said.

The company operates throughout Germany and in more than 130 countries worldwide. It has around 17,000 staff members around the globe, almost 70% of whom are employed locally as national personnel.

“Trade, climate change mitigation and adaptation, sustainable urban mobility, vocational training adapted to labor market needs, fund management and development partnerships with the private sector are among the services my organization offers,” Beier said.

The Iranian official in turn expounded on Ports and Maritime Organization’s responsibilities and activities and viewed cooperation on logistics and management of ports and holding educational courses as potential areas for cooperation with international companies.

Referring to Iran’s geostrategic location regarding the North-South transport corridor and the significant role of Iran’s ports in facilitating accessibility to regional markets of Iraq, Afghanistan and Central Asia, Eslami said investment in port projects is a suitable opportunity for future ties with international companies, GIZ in particular.

“We will present the list of projects to GIZ whenever they signal their readiness for investment,” he said.