Downstream Development, Strategy for Boosting National Income

Downstream Development, Strategy for Boosting National Income
(Sunday, October 7, 2018) 16:14

TEHRAN (NIPNA) -- A member of Iran’s Association of Plastic Industries said development of downstream petrochemical industries could enrich the country economically.

Speaking to NIPNA, Mehdi Pour-Ghazi said downstream petrochemical industries generated wealth for the country and bolstered job creation which are both supportive for the economy.

Investment and development of downstream petrochemical industries due to the presence of optimal infrastructure in the upstream sector have great benefits for the economy of the country. In addition to providing domestic needs, they can also play a role in the field of generation income for our country, he argued.

"Today, employment is one of the pillars of development and progress of countries, and one of the industries that contributes to increasing employment is the petrochemical industry, and the government and the parliament should be more supportive of the completion of the value-chain of the sector and the move towards reducing sale of crude oil and gas so that end-user items are provided domestically.”

Email is required
Characters left: 500
Comment is required