A brief on news, tie-ups, ap­point­ments and awards

India Business Journal - - CONTENTS -

The first phase of Shahid Be­heshti Port in Sis­tan-Baluches­tan prov­ince was in­au­gu­rated by Ira­nian Pres­i­dent Has­san Rouhani last month. The port, whose new ex­ten­sion will take its ca­pac­ity from 2.5 mt to 8 mt of cargo a year, is seen as an im­por­tant route for In­dia and Afghanistan to by­pass ob­sta­cles posed by Pak­istan for trade on the direct route. In­dia has com­mit­ted $500 mil­lion to build two berths at Chaba­har Port to process trade and de­velop an eco­nomic zone around them. It is also putting in $1.6 bil­lion for a 650-km rail link from Chaba­har to Za­hedan into Afghanistan.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.