Kazakhstan, Iran sign 27-year deal for terminal at Shahid Rajaee portKazakhstan and Iran have signed a 27-year build-operate-transfer agreement for a Kazakh transport and logistics terminal at Iran's Shahid Rajaee port, the Kazakh trade ministry said Tuesday.The agreement hands Kazakhstan a land plot at Shahid Rajaee port, near Bandar Abbas, for the terminal. Construction will take two years, with commercial launch expected in year three. Kazakhstan will then operate the facility for 25 years.Aman Malgazhdarov, head of the QazExportPromotion fund under Kazakhstan's QazTrade trade policy center, signed for the Kazakh side. Hossein Abbas Nejad, who leads the Ports and Maritime Organization of Hormozgan Province and the Shahid Rajaee Port special economic zone, signed for Iran."A Kazakh terminal in Iran's largest port will boost the transit capacity of the North-South international transport corridor, add resilience to logistics routes, and open up new export markets for Kazakh goods by ensuring efficient access to the Persian Gulf, South and Southeast Asia, and East Africa," the ministry said.Deputy Prime Minister Serik Zhumangarin said earlier that the deal was in its final stages. The cargo terminal, to be built on a 15-hectare site, will be privately funded. (ICE ALMATY)

Fonte notizia: INTERFAX