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TransInvest strengthens Iranian foothold

October 4 - PTB Perse International Forwarding - a subsidiary of Switzerland headquartered TransInvest Group - has won a tender for the concession to develop and operate the Aprin Terminal in Iran, 20 km from Tehran.

The concession comprises a 25-year license for a BOT (build, operate, transfer) operator model, with a three-year construction phase and 22 years of operations.

With an area of approximately 450 ha, PTB states that Aprin is to become Iran's largest dry port, as well as a modern rail logistics terminal with Customs clearance and bonded warehouse facilities.

Around USD30 million will be invested into the terminal, which is expected to have an annual capacity on 400,000 teu when the first phase of construction is complete.

The rail logistics terminal is expected to offer huge potential, noted PTB, with 9,500 km of railway currently under construction in Iran.

"With the easing of the sanctions, additional new opportunities are arising that we want to tap into. Thus, we have filed an application with the port authorities in Bandar Abbas to extend our terminal there; we want to add another 110,000 sq m for new handling facilities and storage capacities," added Parviz Golabi, managing director and board member at PTB.

TransInvest operates a number of subsidiaries besides PTB, including project logistics provider Militzer & Münch.

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