Eurogate to launch forwarding services in Iran
18 / 03 / 2016
Freight forwarder Eurogate Logistics is launching services in Iran, including airfreight, as it looks to take advantage of the lifting of sanctions in the country.
Eurogate said that in response to the easing of sanctions earlier this year, had established a local network in Iran, which is able to offer freight services throughout the Islamic republic.
Services include project and heavy lift shipping, warehousing and customs clearance for freight arriving by air, land or sea.
“As an oil-rich nation with a population of more than 77 million people, Iran offers huge potential for UK businesses and we are ready to help them capitalise on the opportunities,” said Eurogate managing director Adam Nagy.
“Much of the country’s infrastructure needs renewing and industries such as automotive and aerospace also have significant requirements.
“The lifting of sanctions is also good news for the retail sector with a strong consumer demand for western goods which is only likely to increase.”
“The potential in Iran is as great as anything we’ve seen elsewhere,” Nagy added.
“With its natural resources, it is a wealthy country and one that is keen to take advantage of foreign investment and expertise – our role is to help UK businesses respond to the demand.”
In a research note issued in late January, analyst Transport Intelligence practice leader Thomas Cullen said that the removal of certain aspects of the Iranian sanction regime had “triggered a flood of business, much of it requiring logistics infrastructure”.
“Iran badly needs access to more aircraft to replace its worn-out fleet,” Cullen said. “Yet with any new fleet will go a requirement for maintenance and replacement logistics systems and it is unclear what condition this is in.”