iran inaugurates new indian ocean port
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Iran inaugurates new Indian Ocean port

Arab Today, arab today

Arab Today, arab today Iran inaugurates new Indian Ocean port

President Hassan Rouhani
Tehran - Arab Today

Iran inaugurated a long-awaited new port at Chabahar in the southeast Sunday, which it is hoped will be a major new trade hub linking India and Africa with Central Asia.

The first three shipments of Indian wheat to Afghanistan were unloaded in the morning, according to the Iranian ports organisation.

"Through this port, goods will be delivered to neighbouring countries at cheaper prices and in a shorter time," President Hassan Rouhani said at the port, in a speech carried by the state broadcaster.

The project was first conceived in 2003 and has so far cost around $1 billion, with India providing $235 million of the financing as it seeks routes that bypass regional rival Pakistan.

The port has been under construction for a decade by Khatam al-Anbia, the giant conglomerate owned by the elite Revolutionary Guards.

It can accommodate giant ships up to a dry weight of 120,000 tonnes, with further stages of development due to expand the port over the next 14 years.

"Chabahar will soon become an important commercial hub for Iran," Transport Minister Abbas Akhoundi said at the ceremony.

Iran has a broader vision of linking the Indian Ocean port with a railway through Zahedan on the Pakistani border up to Mashhad in the northeast.

But the project, aimed at facilitating trade with Afghanistan and Central Asia, has been slow to get off the ground.

Rouhani also underlined the importance of Chabahar as Iran's only port outside the Gulf, and therefore outside an area that is often the locus of tensions with the US Navy and Iran's regional rivals.

Source:AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iran inaugurates new indian ocean port iran inaugurates new indian ocean port

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iran inaugurates new indian ocean port iran inaugurates new indian ocean port

 



GMT 06:41 2016 Sunday ,15 May

Leading goal scorers of French Ligue 1

GMT 20:35 2017 Wednesday ,29 March

OPEC Daily Basket Down to USD 48.25 pb

GMT 14:51 2017 Thursday ,27 April

Heba El Masry wants her dishes in every house

GMT 10:19 2017 Thursday ,07 December

Lafarge ex-CEO quizzed over financing jihadists in Syria

GMT 18:49 2017 Sunday ,17 September

DEWA hosts HYPE Innovation Managers Forum

GMT 23:38 2016 Sunday ,18 September

Nepali PM returns home after 4-day visit to India

GMT 08:18 2017 Saturday ,18 March

Crans Montana Forum Kicks Off in Dakhla

GMT 07:00 2015 Monday ,02 November

Chinese support on climate change 'essential'

GMT 04:56 2017 Monday ,10 April

China probes chief of top insurance regulator

GMT 13:58 2016 Monday ,11 July

To cause Yemen economy lasting damage

GMT 19:29 2017 Friday ,29 September

Brazil holds record oil field auctions
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday