Under the agreement, India Ports Global will refurbish a 640 meter long container handling facility, and reconstruct a 600 meter long berth at the port.[1] India further agreed to extend a $400 million line of credit to be used for the import of steel for the construction of a rail link between Chabahar and Zahedan,[312] while India's IRCON and Iran's Construction, Development of Transport and Infrastructure Company signed a memorandum of understanding regarding the construction and finance of the Chabahar to Zahedan rail line at a cost of $1.6 billion.[313]