Kazakhstan and Iran Sign Deal to Build Logistics Terminal at Shahid Rajaee Port

Kazakhstan and Iran have formalized a significant partnership with the signing of a Build-Operate-Transfer (BOT) agreement to establish a Kazakh transport and logistics terminal at Iran’s Shahid Rajaee Port. This strategic move is designed to bolster regional connectivity and broaden Kazakhstan's export capabilities.

The agreement, signed with Iran's Ports and Maritime Organization, designates a plot of land at the port in Bandar Abbas. Spanning 27 years, the deal allocates two years for the construction phase and 25 years for the terminal's operational period. Commercial activities are anticipated to commence within the project's third year.

Officials anticipate that this joint venture will significantly strengthen transport and logistics cooperation between the two nations. It is expected to enhance the transit potential of the International North-South Transport Corridor, improve the resilience of regional supply chains, and provide Kazakhstan with improved access to markets across the Persian Gulf, South and Southeast Asia, and East Africa.