Roger Haily of Lloyd’s List reports (Dec. 17, 2009) that Iman Khomeini port (IK), will soon be privatised. The statement was delivered by Iran’s Minister of Roads, Hamed Bahbahani at a conference in Tehran. IK, which is located near the Iran-Iraq border, currently handles an estimated 38% of Iran’s trade, including most of the country’s grain imports. Conceived under the Rafsanjani presidency, Iran’s privatisation program slowed considerably under Khatami. Ahmedinejad has increased nominal investment in ports and free zones, while transfering control of facilities from Rafsanjani-era ‘technocrats’ to IRGC stalwarts. The Ahmedinejad government claims to have sold/delivered $63 billion of state-owned equity to the private sector since 2005. –EDC
0 Response to “Imam Khomeini Port to be Privatised”