Japan eyes development of Iranian port: Report
Tokyo hopes to team up with India in the development of the regional logistics hub in southeastern Iran, according to the Nikkei Asian Review citing its sources on Sunday.
The report said Tokyo wants to be part of a project on the construction of a site, which is set to include a port and an industrial complex in Chabahar.
It said Tokyo is keen to build stronger ties with Tehran and that Japanese Prime Minister Shinzo Abe hopes to reach a deal on the port during a planned visit to the Iranian capital later this year.
In April, the Indian government announced plans to invest some $20 billion to build fertilizer and petrochemical plants at Chabahar.
The Japanese government hopes to start drawing up specific plans for Chabahar development by the end of this year through the Japan International Cooperation Agency. Tokyo will decide on details such as the necessary infrastructure and a list of companies it will invite to tender for the project. The investment will use official development assistance, the report added.
