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