The port of Chabahar needs 91 million euros, India will only invest 11

Image: Wikimedia Commons. Ksardar1359

In its budget for the coming fiscal year, which in India goes from April to April, the Indian government has allocated only a little over 11 million euros for the development of the Chabahar port. However, the tenders launched by India Ports Global Limited (IPGL), the Indian state-owned company operating the Iranian port, are well over 91 million euros.

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Author: Marco Raimondi

Marco Raimondi is an editor of RailFreight.com, the online magazine for rail freight professionals.

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The port of Chabahar needs 91 million euros, India will only invest 11 | RailFreight.com

The port of Chabahar needs 91 million euros, India will only invest 11

Image: Wikimedia Commons. Ksardar1359

In its budget for the coming fiscal year, which in India goes from April to April, the Indian government has allocated only a little over 11 million euros for the development of the Chabahar port. However, the tenders launched by India Ports Global Limited (IPGL), the Indian state-owned company operating the Iranian port, are well over 91 million euros.

Do you want to read the full article?

Are you already a member?

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Author: Marco Raimondi

Marco Raimondi is an editor of RailFreight.com, the online magazine for rail freight professionals.

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