The Managing Director of Iran’s Ports and Maritime Organization (PMO) announced that the bylaw governing the organization’s managed funds has been revised to facilitate the allocation of credit and the provision of financial facilities to investors, with a renewed focus on priority port and maritime projects.
Saeed Rasouli said the revision aims to streamline access to financing for investors, particularly in the development and modernization of the maritime passenger fleet. He noted that the managed funds have been separated from the PMO’s routine operational activities and redirected toward strategic port and maritime development priorities.
Rasouli explained that a number of project proposals have been submitted to the PMO and reviewed by the Managed Funds Secretariat and specialized working groups. These proposals were then presented to the organization’s Board of Directors, resulting in the approval and notification of several projects, while others are undergoing revisions by their proponents.
He added that a list of priority projects will be announced publicly in the near future, enabling interested investors to take advantage of the PMO’s financial facilities, support mechanisms, and incentive packages.