Aug 12, 2023, 4:21 PM
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News ID: 85196749
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Iran invests $1 million on renovation of maritime fleet

Aug 12, 2023, 4:21 PM
News ID: 85196749
Iran invests $1 million on renovation of maritime fleet

Tehran, IRNA – Iran has invested as much as $1 million on the construction or purchase of ships in two years since President Ebrahim Raisi took office in August 2021, according to the director of the country’s Ports and Maritime Organization (PMO).

Ali Akbar Safaei made the remarks in a press conference on Sunday where he described the PMO’s achievements over the past two years.  

Noting that many ships have been bought to commute either in the Caspian Sea in northern Iran or in the southern Iranian waters, he said that some of the purchased vessels have already been delivered to Iran and some others are being transferred to the country.

The official added that 49 ships are also being constructed domestically.

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