May 30, 2024
  • Contract for development of Shahid Beheshti Port Terminal, Chabahar signed between India Port Global Limited (IPGL) and Ports and Maritime Organization (PMO) of Iran.
  • India will operate the strategically important Shahid Beheshti terminal of Chabahar Port of Iran for the next 10 years .
  • India Ports Global Ltd (IPGL) will invest around $120 million for development of Shahid Beheshti terminal.
  • The Ministerial visit and signing of the Long-term Contract will further strengthen ties between the two nations and highlights the importance of Chabahar as a gateway for trade with Afghanistan and broader Central Asian countries.

STRATEGIC IMPORTANCE

  • Chabahar Port is at an important point on the Arabian Sea with easy access from India’s west coast.
  • Kandla port in Gujarat is the closest port at 550 nautical miles, while the distance between Chabahar and Mumbai is 786 nautical miles.
  • The port also offers an alternative route from the Strait of Hormuz for cargo traffic between Central Asian countries and Afghanistan.
Print Friendly, PDF & Email

© 2024 Civilstap Himachal Design & Development