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Nuzhary said that in order to achieve the 20-year vision, Iran’s petrochemical industry needs about 30 billion U.S. dollars in investment. These investments can be realized through domestic investment forms or forms of cooperation with domestic and foreign technologies and funds. He attributed Iran’s past achievements in the petrochemical industry to its own engineers, technicians’ expertise and capabilities, the country’s comparative advantages, and its large oil and gas reserves.
Nuzhari added that Iran is currently trying to provide more encouragement and support policies to attract more foreign capital for the oil, gas and petrochemical industries. He also mentioned Iran’s active performance in the international market, its efforts to increase job opportunities, and its continuously accelerating production activities to achieve the goals of the petrochemical industry.
In the tide of the rise of Middle East Petrochemical, Iran has performed outstandingly. At the meeting of the modern petrochemical era of the Pars Energy Special Economic Zone held in Assaloheh Province on December 26 last year, Gurlam Hussein Nejabat, General Manager of Iran’s National Petrochemical Company, once stated that the number of Iranian petrochemical projects It will increase 300% in the next 10 years. Iran’s domestic petrochemical output will increase to 98 million tons in 2014, which will bring in 20 billion U.S. dollars in revenue each year.
Iran wants to use foreign investment to develop petrochemical industry
According to Iranian media reports, Iranian Oil Minister Gholam-Hossein Nozari invited potential investors and experts to participate in the plan of the country at the 8th petrochemical forum held on Saturday. Petrochemical project.