Young Journalists Club | Latest news of Iran and world

News ID: 6468
Iran » Iran
Publish Date: 20:12 - 28 February 2015
Tehran, YJC. Iranian official says he is satisfied with increased investment in various sectors, saying that foreign and domestic investors are seeking to carve out more niche positions in the country's commercial market.

Mohammad Saeed Nejad, Managing director of Iran's Ports and Maritime Organization, said Iran's exports and imports in the current Iranian fiscal year, stood at 140 million tonnes, noting that the figure is expected to increase to 150 million tonnes during the same period the next year.

Saeed Nejad added that from among the major commercial ports of the Islamic Republic, Shahid Rajayee Port in the Southern province of Hormozgan played a key role in the rise of the country's commercial activities.

"Fifty-three pct. of the figure relates to Shahid Rajayee Port. At present, lucrative investment opportunities are available in warehouse, silo construction and bunkering sectors of the port," Saeednejad said.

He further called for the participation of the private sector in the country's commercial projects, noting that Iran's Ports and Maritime Organization is fully prepared to complete its unfinished projects in cooperation with the private firms.

Since November 2013, when Iran and the six major world powers cut an interim deal over Tehran's nuclear program, so many foreign countries have voiced their readiness to invest in Iran's market.

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