Japan to invest in Iran’s Sistan-Baluchestan

Japan announced on Sunday that it is ready to invest in Iran’s southeastern province of Sistan and Baluchestan.

Japan’s Ambassador to Tehran Koji Haneda told Iran’s media that Japanese companies are currently studying the potentials to make investments in Sistan and Baluchestan.

“Iran’s Sistan and Baluchestan province enjoys the necessary security to host Japanese tourists and investors,” said Haneda, who was heading a high-profile Japanese business delegation to the southeastern port city of Chabahar.

He highlighted the importance of Chabahar an emerging hub in global trade and said the Japanese business delegation was there to conduct field studies over potential business activities.

The delegation has reportedly visited a major petrochemical plant in the city as well as a ship-building yard. It has then visited two key port sites in the city that are currently under development.

Iran has already announced ambitious plans to turn Chabahar into a major trade point. It has signed a basic agreement to the same effect with India.

Located on the confluence of the Indian Ocean and the Sea of Oman, Chabahar is India’s first foreign port project. Once completed, the project would enable India to send its goods from Chabahar to Afghanistan, Central Asia and beyond.

India also reportedly plans to build a road-railroad network from Chabahar to Milak, situated on the Afghanistan-Iran border, which can be connected to the India-built 223-kilometer Zaranj-Delaram road in Afghanistan, also known as Route 606.

By Press TV