Foreign, Domestic Investors Seeking More Niche in Iran's Market

TEHRAN (FNA) - Managing director of Iran's Ports and Maritime Organization expressed satisfaction in increased investment in different sectors, saying that foreign and domestic investors are seeking to carve out more niche positions in the country's commercial market.

Date: 28 February 2015 - 21:35

News ID: ۱۱۴۹۵

Mohammad Saeednejad said Iran's exports and imports in the current Iranian calendar year (started March 21, 2014) stood at 140 million tons, adding that the figure is expected to shoot up to 150 million tons during the same period in the next year.
He went on to add 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.
"53 percent of the figure pertains to Shahid Rajayee Port. At present, good investments opportunities are available in warehousing, 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.
Several European and Asian countries have dispatched high-ranking delegations to pave the ground for promotion of ties with Iran.
Now, all international investors are waiting for the moment when Iran and the Sextet of world powers cut a permanent deal which automatically lift sanctions on Tehran economy.