Indian firms to invest $235m in Chabahar port
Managing Director of Ports and Maritime Organization said that the capacity of Chabahar port will increase from 2 million tons to 8 million tons after Indian firms’ $235-million investment. Mohammad Saeed Nejad told IRNA on Tuesday that Indian firms are to invest $85m in build–operate–transfer type (BOT) and $150m in…
India and Iran to seal Chabahar port deal by January
India and Iran are trying to iron out irritants and conclude contract by January for the expansion project of the strategically located Chabahar Port, an Indian press report said. The Economic Times said that “official of both sides are negotiating terms of the contract with a hope to conclude the…
