Ebrahim Mahmoudzadeh said the organization has
devised a 7-year long-term plan to bankroll petrochemical projects based on
which it will invest over 10 billion dollars in the industry.
"SATA has focused its plans on investment in
new and export-based areas," said the official.
As an example, SATA has so far agreed to invest a
pipeline project from Iranshahr to Chabahar in southeastern Iran to feed petrochemical facilities in Chabahar Free Trade Zone.
In the case of attracting investment in Makran, "we
can witness creation of the third Iranian petrochemical hub in the region,
because the existence of tax incentives and proximity to major consumer markets
such as India and Pakistan have attracted investors to this area," he
added.