Home » ‘Work on IranÂ’s Chabahar Port is progressing fastÂ’

‘Work on Iran’s Chabahar Port is progressing fast’

‘Work on Iran’s Chabahar Port is progressing fast’
The work on Chabahar Port in Iran, where India will invest $500 million, is “progressing fast” and the country has already formed a global port company there, according to Union Minister Nitin Gadkari.

He was speaking at a recent launch of a road-show for the National Highways Authority of IndiaÂ’s (NHAI) rupee-denominated masala bonds. Gadkari had visited Tehran in May 2015 and inked a pact to develop the Iranian port. The integrated Chabahar Port will contain a Special Economic Zone (SEZ), when it eventually comes up.

Leave a Reply

Your email address will not be published.