Iran Private Ports Gain Ground

October 27, 2020
finance & economy

P orts run by the private sector have maintained an acceptable record of exports to neighboring countries, given their facilities and level of investments.

The privatization of ports in Iran began in the early 2000s following the declaration of general policies of Article 44 of Iran’s Constitution by the Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei, which calls for the privatization of major state-owned companies.

In those years, the Ports and Maritime Organization of Iran decided to hand over port areas that had the potential to be turned into commercial ports to the private sector.

In recent years, the revival of rail and shipping lines along the Silk Road has been specified as the main goal of privatization in marine transportation sector.

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