On April 29, 2025, Kazakhstan and Iran signed a memorandum of understanding aimed at the joint development of the Shahid Rajaee Port. The Iranian news agency Tasnim reported the agreement, citing PMO.
Under the agreement, Kazakhstan will submit a business plan within 30 days to build a terminal and logistics center in the coastal zone. PMO’s executive board will review and approve the project.
Kazakhstan Develops Logistics Hub for Central Asia
The planned terminal will handle not only Kazakhstan’s cargo but also shipments from neighboring Central Asian countries. This will expand international transit through Iran’s southern ports.
The project gives Kazakhstan access to the Indian Ocean and supports the creation of reliable supply routes to Asia, the Middle East, and Europe. It will also enhance the country’s competitiveness in global trade.
Kazakhstan Strengthens Partnership with Iran Through Investment
Iran is seeking new partners to modernize its port infrastructure. Kazakhstan’s support will strengthen bilateral economic ties and lay the groundwork for future joint ventures.
The agreement aligns with Kazakhstan’s strategy to expand foreign economic relations and promote outbound investment. It will reinforce its position in transregional logistics chains.
Bandar Abbas Port is set to become a key node in Eurasian logistics, and Kazakhstan’s involvement in its development opens new prospects for regional transit and trade.