Speaking in a TV program,
Ali-Akbar Safaei stated that 9.366 million tons of goods have been transited
via Iranian ports during the eight-month period.
Iran is one of the
countries with a special status in trade and transit relations due to its
strategic location and special geography, as the country is the passage of
several important international corridors.
Considering its
geographical location, Iran can play a significant role in the transit of goods
in the region and benefit a lot from its status in this due.
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
facilitating the 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 five years.
Ports and Maritime
Organization has put it on the agenda to attract 300 trillion rials (about $600
million) of investment from the private sector in the country's ports by the
end of the current Iranian calendar year (late March 2025).
On July 10, PMO Head
Ali-Akbar Safaei said over the past few years the organization has managed to
attract nearly $1.7 billion of foreign and domestic investment in the country’s
ports and maritime sector.
He said some 620 trillion
rials (about $1.24 billion) of domestic investment and $470 million of foreign
investment have been attracted in the mentioned sectors.
“The attraction of this
amount of private sector investment is significant compared to the total budget
of the government in the sea and port sectors,” the official added.
According to the PMO
head, regarding foreign investment, the organization has signed contracts with
five countries including India which has so far invested $120 million in the
port sector and $250 million in the rail, roads, and infrastructure sectors.
Referring to the growth
of maritime trade in the country, Safaei continued: “Maritime trade increased
from 215 million tons in [the Iranian calendar year] 1401 (2022-2023) to 237
million tons last year (ended on March 19, 2024).”
“In the first quarter of the current year, 60
million tons of maritime trade was recorded, which shows a 10 percent growth
compared to the same period last year, and even a 70 percent growth was
recorded in some ports of the Caspian Sea,” he added.