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Home›Investment›Ports prepared for private sector’s investment in loading, unloading operation

Ports prepared for private sector’s investment in loading, unloading operation

By Megan
June 15, 2022
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TEHRAN- Given the rise in import of basic goods, there is the possibility for the private sector’s investment making in the field of loading and unloading of commodities in the ports of country, the head of Ports and Maritime Organization (PMO) stated.

Ali-Akbar Safaei also said that it is necessary to have the equipment available in the ports ready to operate, stressing that the provision of integrated equipment to accelerate the process of unloading basic goods is seriously on the agenda.

Based on the data released by Transport and Urban Development Ministry, loading and unloading of goods in the ports of Iran rose 17 percent during the previous Iranian calendar year 1400 (ended on March 20), as compared to the preceding year.

The ministry’s data show that loading and unloading of goods in the country’s ports reached 152.91 million tons in the previous Iranian calendar year, while the figure stood at 130.69 million tons in the preceding year.

During the said year, loading and unloading operations in the container sector reached 2.1 million TEUs with a weight of 24.57 million tons, which was 13.5 percent more than the 1.85 million TEUs in the Iranian calendar year 1399, the report said.

The loading and unloading of goods during the previous year also grew by 12.8 percent in the dry bulk sector, while in the liquid bulk sector the figure increased by 12.6 percent, in the general cargo sector rose by 13.1 percent, and in the petroleum sector grew by 22.5 percent.

While Iran is combating the U.S. unilateral sanctions on its economy, the country’s ports as the major gates of exports and imports play a significant role in this battle. This role makes all-out support to ports and more development of them serious and vital.

Such necessity has led the government to define projects for more development of the ports and also take some measures to encourage investment making in ports, in addition, to facilitate loading and unloading of goods, especially basic commodities, there.

It is worth mentioning that Iran’s Ports and Maritime Organization has defined a high number of projects to develop and improve the country’s ports, as the country aims to double the capacity of its ports in a course of five years.

According to Ports and Maritime Organization, the capacity of the country’s ports has increased from 180 million tons in the Iranian calendar year 1392 (ended in March 2014) to 250 million tons in 1399 (ended in March 2021).

MA/MA

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TagsIran’s Ports and Maritime Organization (PMO)loadingprivate sectorunloading
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