S. Korean Firm to Invest $500m in Iranian Port
S. Korean Firm to Invest $500m in Iranian Port

S. Korean Firm to Invest $500m in Iranian Port

S. Korean Firm to Invest $500m in Iranian Port

South Korea’s JJ Consulting Ltd will invest $500 million in the northern port of Noshahr as per a memorandum of understanding signed between the Asian company and the Ports and Maritime Organization of Mazandaran Province, the news portal of the Ministry of Roads and Urban Development reported on Wednesday. “The Korean company will apply for investment permits from the Organization for Investment and Economic and Technical Assistance of Iran within a month of signing the MoU,” Mohammad Taqi Anzanpour, managing director of Mazandaran PMO, said.

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