Iran finalized upgrades to transit + export terminal and roads at the Shahid Rajaee Port
The projects add 8k TEUs to the port’s container storage capacity
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The projects add 8k TEUs to the port’s container storage capacity
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The two port authorities will work towards outsourcing terminal operations to private sector players
The agreement comes as the countries want to move beyond short-term agreements for Chabahar’s operation
The USD 510 mn agreement covers the operation, development, and maintenance of the new terminal
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