China Keen to Invest in Iranian Ports

The China Railway Engineering Corporation (CREC) expressed its interest in investment in Khuzestan Ports.

News ID: 72830

Date: 06 March 2017 - 12:17

In a meeting with Kuzestan’s governor general, the managers of CREC expressed their tendency to investment in Khuzestan ports, particularly in operations such as Wharf dredging and refloating, MANA correspondent reported.

Gholamreza Shariati stated: Khuzestan Province has high potentials and capabilities for investment and development, thanks to enjoying active ports like Imam Khomeini Port.

Arvand Free Trade Zone (AFZ) could be regarded as one of the paramount capabilities of investment for Chinese company, Shariati also added.

Referring to the positive part of Chinese corporations in the period of imposed sanctions against Iran, he proposed: tourism, ports and shipping sector could be attractive for Chinese corporations.

Kuzestan’s governor general also remarked: with the lifting of sanctions and the execution of JCPOA, the way has been paved for investments of foreign companies.