Iran has signed a major contract to build port facilities on the Caspian Sea that would enable terminal operations for roll-on roll-off (RO-RO) ships.
Authorities said on Saturday that Khatam al-Anbiya Construction Headquarter (KACH) would start building the RO-RO ramp in the Caspian Port Complex, located north of Iran in the port city of Anzali.
They said the project would need nearly $10 million in investment and would take two years to finish.
“This project in a national one and is important to the country,” said Reza Masrour, head of the Anzali Free Zone Organization (AFZO), the local body which has awarded the contract for building the ramp.
“Once the RO-RO ramp is finished and the port is linked to the rail network, Iran would become a transit corridor between China and European countries,” Masrour said.