Kazakhs investing in Iran's Rajaee Port
Kazakhstan is interested in investment in Iran’s Shahid Rajaee Port in order to facilitate transit of its goods to world markets via the Persian Gulf.
Head of the country’s national railway company, Kazakhstan Temir Zholy, was visiting the port and the nearby Bandar Abbas on Wednesday for discussions with local officials.
“The Kazakh side is interested in investing in Bandar Shahid Rajaee for construction of silos in order to store its wheat crop in the port and facilitate shipments,” head of the Islamic Republic of Iran Railways (IRIR) Abbas Nazari said.
Kazakhstan currently uses Iran’s transit railway linking the Caspian Sea to the Persian Gulf to ferry about 11 million metric tons of wheat per year.
As Central Asia's largest grain producer, Kazakhstan is looking for shipment routes by sea which is very cheaper for its growing flow of goods.
Nazari said Iran, Kazakhstan and Turkmenistan, which are linked by sea in the Caspian Sea, were working on a unified transit tariff.
Iran is uniquely positioned to connect the Central Asia and Eastern Europe to the Persian Gulf.
Kazakhstan is currently linked to China by rail and the country is expanding its transit network to ramp up freight to Europe.
HB/HB
Iran reports 11% drop in domestic red meat supply
Iran’s steel output down 1.9% y/y in October to 3 mln mt: Worldsteel
The importance of Venezuela for Iran
VIDEO | 'We will rebuild a thousand times’
Ex-Israeli war minister Gallant to head to US despite ICC arrest warrant
Iran’s foreign minister in Portugal to attend 10th UNAOC Global Forum
VIDEO | Israel puts Beirut under back-to-back assaults as Hezbollah says Netanyahu won’t succeed
A siege within siege: 130,000 children under 10 trapped in northern Gaza
Top general: Iran’s deterrent power evolved to address modern maritime threats
Israeli forces kill two young Palestinians in occupied West Bank raid
Hezbollah breaks record of anti-Israel ops; four million settlers run for their lives
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
