The private sector has invested over $1.26 billion in Iranian ports over the past two years, Managing Director of Ports and Maritime Organization (PMO) Ali Taheri Motlagh said here on Sunday.
“This amount is more than the total amount invested in Iranian ports by the private sector over the past 10 years,” the deputy minister of road and transportation added.
Iran has been transferring many of its ports to the private sector over the past months.
Priority in privatization has been given to ports which are economically justifiable to be transferred