NPC Behind Domestic Manufacturers, if the Foreign Investors Support the Industry: The number of the jobs that the PC industry can create is now a serious presidential election’s challenge among the 6 candidates who are under the pressure of the community for job security of the young Iranians. This was something that our economical editors pointed their fingers on it at the news about the market values (please click here).
In such a harsh scenario, now the petrochemical industry has turned to be a central key for election of the next Iranian President. That’s why that you may faced with so many news coming out of the PR offices of the Petroleum Ministry and the NPC. The following two fresh news are the latest from “NIPNA“:
1- NPC Behind Domestic Manufacturers, if the Foreign Investors Support the Industry
TEHRAN (NIPNA) –A senior official with the National Petrochemical Company (NPC) voiced his company’s readiness to support domestic manufacturers and industrialists.Ali Mohammad Bossaqzadeh, director of production control at NPC said strengthening the private sector can lead to materialization of the petrochemical industry’s plans by domestic developers.
Speaking to NIPNA, the official said Iranian manufacturers enjoy great potentialities that can be tapped for promoting the industry.
“As domestic manufacturers improve, more sophisticated items can be produced by them, hence improving the sector,” he added.
The items Iranians manufacturers produce enjoy an acceptable quality level but they have to become even better in order to vie with international rivals in world markets, Bossaqzadeh further added.
EHRAN (NIPNA) — Foreign companies willing to join petrochemical projects in Iran will need to mind technology transfer to the country along investment in them, a veteran petrochemical official said.
He said projects saw an acceptable pace under President Hassan Rouhani administration, however, continued progress in the sector needs resolution of banking issues and enhanced interactions with foreign countries in order for their investors to join petrochemical projects in Iran.
He said Iran is a safe country for investment, adding financing of projects by foreign investors must be facilitated so that the sector’s growth gains momentum.
Iranian petrochemical projects can currently supply 61 million tons of petrochemical products annually.
