Iran has broken ground on five major infrastructure projects in Chabahar Port, located on the Gulf of Oman, Mehr reports. The projects are getting USD 80 mn in investments in a bid to boost port activity and attract private sector investment.

Details: The projects include the second phase of a 734k ton capacity storage warehouse, a 296k ton capacity multi-purpose cargo support terminal and a container support service terminal with an annual capacity of 5k TEU. They also include a 25 MW power plant, a 100k ton grain storage silo, and a 5k cubic meter water desalination plant.

Background: Iran and India are reportedly close to finalizing a long-delayed investment contract for the development of Chabahar Port. India has so far poured USD 25 mn into developing the Beheshti Port of Chabahar. The two countries, which have been relying on short-term one-year agreements for the development and running of the terminal at Chabahar Port, have been looking to implement a longer term, self-renewing 10-year agreement. The port, which consists of the Shahid Kalantari and Shahid Beheshti terminals, connects Iran with Pakistan and India.

ALSO FROM IRAN-

The country plans to open its southeastern rail link connecting Chabahar Port to Zahedan by March 2025, Bazrpash told IRNA. The project, spanning around 830 km, will focus on its last phase to connect Chabahar Port to Khash. The Zahedan to Khash section, which will ultimately connect Chabahar to Zahedan, has been put into operation.

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