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Home Central Asia

India’s Ambitions in Chabahar: Securing the Project Amidst Financial and Regional Hurdles

NEWSROOM by NEWSROOM
June 27, 2024
in Central Asia, Finance
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Image Credits: ET Infra

In May 2024, India Ports Global Ltd. (IPGL) and the Ports and Maritime Organisation of Iran (PMO) inked a 10-year contract to develop and operate the Shahid Beheshti Port in Chabahar. The stalled deal eventually materialised with the effective work of both sides to turn the strategic port of Chabahar into a regional hub. India’s interest in the Chabahar port project is influenced by its strategic location, offering easy access to Afghanistan, Central Asia, and Europe, bypassing Pakistan through the International North-South Transport Corridor (INSTC). India…



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