IFP Exclusive

Iranian Firm Ready to Develop Chabahar’s Second Phase

An IRGC-affiliated firm has announced readiness to develop the second phase of Chabahar port in southern Iran.

“During the sanctions period, we completed the first phase of Chabahar port and we announce readiness for entering the second phase,” said Saeed Mohammad, the head of Khatam al-Anbiya Construction Headquarter on Tuesday.

The second phase of the project would worth over $165 billion dollars, ISNA quoted him as saying.

This is while in late 2018, India took over operations at the port, undertaking to develop the second phase of the project.

The first phase of the strategic port was inaugurated late 2017.

The port is expected to play a major role in facilitating trade between regional countries, particularly the land-locked Central Asian states.

The Iranian port, located on the coast of the Gulf of Oman, will have four phases.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Advisor to Iran leader: Tehran ready for talks, but won’t give in to pressure over nuclear issue

Kamal Kharrazi, the head of Iran's Strategic Council on Foreign Relations and an advisor to…

4 hours ago

President Pezeshkian says Tehran committed to complete North-South transit corridor

Iran's President Massoud Pezeshkian has reaffirmed the Iranian government's commitment to completing the North-South transit…

4 hours ago

Art event brings diplomats, artists and ordinary citizens together inside Iranian Foreign Ministry

An artistic event titled Autumn-Leaf was held in Meydan Mashgh, within Iran’s Foreign Ministry’s premises…

7 hours ago

North Korea preparing to ship more forces, drones to Russia: S. Korea

North Korea is preparing to deploy additional troops, weapons and other military equipment, including drones,…

7 hours ago

Iran, E3 set to resume talks in January: Spokesman

Foreign Ministry spokesman Esmaeil Baqaei has stated that a fresh round of talks between Iran…

7 hours ago

Legendary Iranian actress, voice performer Zhaleh Olov passes away

Zhaleh Olov, a celebrated actress of Iranian cinema, theater, television, and a renowned radio voice…

9 hours ago