TEHRAN, July 22 (MNA) – The Ports and Maritime Organization (PMO) has signed four deals with the private sector, valued at 612 billion rials (some $66.8 million), for investment in the southern Imam Khomeini Port, IRINN reported Tuesday.

The deals which were signed in the presence of the managing director and some officials of the PMO contained the establishment of the largest terminal for exports of mineral and construction materials, thirty-two tanks for storing edible oil, eight covered storehouses, and a laboratory for metals.

 

Ali Taheri the managing director of the PMO announced that once the projects are put into operation, Imam Khomeini Port’s operational capacity will reach 4.3 million tons and 600 job opportunities will be created.

 

Currently, over $1.5 billion dollars worth of development plans are underway in the country’s ports, he explained.

 

NK/MG/MRK

END

MNA

News Code 29054

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