Speaking to NIPNA, Hossein Alimorad, director of investment at NPC, said at least two years is needed for investments to bear results and generate jobs in petrochemical projects.
He said many foreign investors have signaled their readiness to join petrochemical projects in Iran since the Joint Comprehensive Plan of Action (JCPOA) was implemented back in January 2016.
NPC is in talks with dozens of leading international financiers for funding projects inside Iran, he said.
Alimorad further said NPC has so far inked several memoranda of understanding (MoUs) with potential investors and is waiting for the result of their appraisal studies over the proposed projects.
The official said taking advantage of novel financial instruments in the world for developing petrochemical industry of Iran is one of NPC’s main agendas in attraction of new investments in the sector.