Managing Director of the National Petrochemical Company (NPC) Marziyeh Shahdaei, met with managing director of FIT on the sidelines of the first Iran petrochemical conference in Vienna on Thursday.
The meeting was also held in the presence of Iran’s ambassador to Belgium.
During the meeting, the parties discussed direct investment of European banks and insurance companies in Iran’s petrochemical projects; they both reached a preliminary agreement at the end of the meeting.
Accordingly, a 200-strong economic delegation from Belgium will visit Iran to learn from the country’s investment potentialities and capabilities in the petrochemical sector for future investments.
The FIT managing director voiced the preparedness of Belgian companies to invest in Iran and supply parts and items to petrochemical and petroleum projects in the oil-rich country.
The FIT chief also proposed that a private investment fund be established in Luxemburg for facilitating direct investment of Belgian banks and companies in Iran.
Shahdaei, who is also deputy petroleum minister in petrochemical affairs, also proposed that a non-disclosure agreement be signed between NPC and the FIT as soon as possible.
Flanders Investment and Trade (FIT) was founded by the Flemish government in 2005. The FIT agency helps Flemish companies expand their business abroad and assists foreign companies in finding Flemish suppliers of quality goods and services. The FIT agency is headed by Christ’l Joris.
FIT has its headquarters in Brussels (Belgium) and has 80 offices around the world. These offices provide information and support to both investors and exporters.