Chabahar Port Operations Rise 50%
publish date: Saturday 07 December 2019
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Chabahar Port handled a total of $800 million worth of commodities in the last fiscal year (March 2018-19) to register a 50% growth compared with the year before, according to the director of Commerce Department of Chabahar Free Zone Organization.
Noting that the port is offering a range of facilities for importers, including discounts on customs duties, Ali Rajabi added that 20 hectares of warehousing facilities are under construction in Chabahar.
“Since imports in bulk outweigh container imports at Chabahar, the port offers two empty warehouses and warehousing discounts of up to 60% to bulk imports,” IRNA quoted Rajabi as saying.
Deputy Industries Minister Hossein Modarres Khiyabani said Chabahar has the capacity of handling up to 8.5 million tons of cargo per year; we are seeking to activate at least 50% of this capacity as soon as possible.
Currently, only 10% of the capacity of Chabahar Port is being utilized, Khiyabani said recently.
**A version of this article appears on the online version of Financial Tribune on 2019-11-01, with the headline: Chabahar Port Operations Rise 50%. Available at: https://financialtribune.com/articles/domestic-economy/100558/chabahar-port-operations-rise-50 (Accessed: 07 December 2019).