NPC Backs Petchem Investors: Official

NPC Backs Petchem Investors: Official
(Wednesday, September 6, 2017) 18:15

TEHRAN (NIPNA) – A senior official with Iran's National Petrochemical Company (NPC) voiced her company's support for investors in petrochemical projects across the country.

Speaking to NIPNA, Farnaz Alavi, director of planning and development at NPC, said the company endorses investors in the sector in a bid to accelerate construction and completion of new projects.

She said Iran needs to dip into foreign investment resources in order to fund construction of new projects and complete under-construction ones.

"As a facilitative body in the industry, we seek completion of development projects according to the plan," the official said.

Mrs. Alavi further proposed stockholders of projects to look for new investors in case they are currently unable to fully cover costs of their projects.  

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