Chabahar Port can become a transit hub: Arun Kumar Gupta
Our contract is to equip and commercially operate the port for 10 years. Basically, Chabahar Port is to support Afghanistan, which is a landlocked country. Afghanistan has very cordial and special relations with India. I feel they would like cargo to come to Afghanistan via Chabahar rather than any other route .
They have commenced operations with a berth of 360 metre. Cargo volume isn’t great in the beginning, but to make a start was important. That’s exactly what has been done
I see a lot of potential in Chabahar Port in the long term and our contract is for 10 years. Early bird gets the worm. Therefore, private players want to have a foothold
Initial years will be a struggle. Our private partner will help us in managing the port. We will give them a management fee. By virtue of being our partner, they will manage the port along with us. The private firm has to bid for the amount they will charge as a management fee
Chabahar Port in Iran, where Indian Ports Global Ltd (IPGL) is engaged, is of great strategic importance and was inaugurated in early December. Now, India is also looking at another neighbour – Myanmar – for a …read more