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Construction World Magazine India | First phase of Chabahar project likely to be completed by 2018

First phase of Chabahar project likely to be completed by 2018

Rajahmundry airport gets green nod to extend runway
Land for setting up port identified in WB

Transport Update  /  Apr 2017

The Cabinet has cleared proposals for the development of Chabahar port in Iran through a $150 mn credit from Exim Bank. India will equip and operate two berths in Chabahar Port Phase-I with capital investment of $85.21 mn and annual revenue expenditure of $22.95 mn on a 10-year lease. The first phase is likely be completed by 2018. Ownership of equipment will be transferred to the Iranian side on completion of the 10-year period.

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  • Cabinet
  • Chabahar Port
  • Investment
  • Exim Bank
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