Life Trade Promotion Company signed an agreement with Sistan-Baluchestan Ports and Maritime Organization on Wednesday to establish Iran’s first fully mechanized mineral export terminal in Chabahar’s Shahid Beheshti Port.
The terminal, with a mineral export capacity of 15 million tons per year, will come on stream in two years with an investment of 2.8 trillion rials ($66.6 million) by LTP Company.
According to the company’s Managing Director Mohammad Arazesh, the new “smart” terminal will be able to accommodate 100,000-ton cargo ships and vessels...
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