PMO head underlines financial discipline in port affairs

January 19, 2024 - 13:49

TEHRAN – Head of Iran’s Ports and Maritime Organization (PMO) has called on the country’s port managers to comply with financial discipline in their affairs, the PMO portal reported.

Speaking in a meeting with the planning deputy heads of the country’s ports, Ali-Akbar Safaei said: “In a transformational planning, all activities and actions in financial, human resources and support fields should be done in the form of one or more intelligent systems using specialized software.”

Emphasizing the necessity of compliance of all financial statements with laws and regulations, he said: “In the past two years, the Ports and Maritime Organization has enjoyed the necessary transparency and discipline in terms of submitting financial reports to relevant organizations.”

While Iran is combating the U.S. unilateral sanctions on its economy, the country’s ports as the major gates of exports and imports play a significant role in this battle. This role makes all-out support to ports and more development of them serious and vital.

Such necessity has led the government to define projects for more development of the ports and also take some measures to encourage investment making in ports, in addition to facilitating the loading and unloading of goods, especially basic commodities, there.

It is worth mentioning that Iran’s Ports and Maritime Organization has defined a high number of projects to develop and improve the country’s ports, as the country aims to double the capacity of its ports in five years.

According to the PMO, the capacity of the country's ports has increased from 180 million tons in the Iranian calendar year 1392 (ended in March 2014) to 250 million tons in 1399 (ended in March 2021).

EF/MA