PMO Offers US$4mn Financial Support


News: The Ports and Maritime Organisation (PMO) has offered US$4mn financial assistance for around 304 Iranian port projects up to the previous Iranian calendar year ended March 2012. The financial support was offered to overhaul the national fleet and to develop port and maritime services. The assistance was provided for several areas such as commercial ships, services vessels, passenger ships, as well as port equipment. To date, 170 projects have become operational.

This article is tagged to:
Sector: Freight Transport, Shipping
Geography: Iran