TEHRAN - The Islamic Republic of Iran Shipping Lines (IRISL) has invested 3.7 trillion rials (about $7.2 million) in Assaluyeh’s Pars Port to begin port operating services in the mentioned port, IRIB reported.

According to the IRISL Office of Public Relations, the group has targeted to operate the unloading and loading of 18,000 containers in Pars Port by the end of the current Iranian calendar year (late March 2024).

The investment has been made following a deal concluded between the IRISL and the Pars Special Economic Energy Zone (PSEEZ), which was signed in the past and was renegotiated in June, according to which 900 billion rials (about $1.7 million) is invested in the construction of buildings and infrastructures of the port and 2.8 trillion rials (about $5.5 million) has been invested on the port equipment.

EF/MA