The Director
of Investment at Kowsar Insurance Company told NIPNA that his company invested Rls.
300 billion in petrochemical companies last Iranian calendar year which ended
on March 20.
Vahid
Khandouzi described the sector as one of the most lucrative investment markets,
adding the industry needed to be supported in order to generate value-added
items.
He added:
"Due to the fact that the resources derived from the sale of life
insurance policies should be invested in a reliable market, we have concluded
that the petrochemical industry is among the most advantaged industries in the
country."
The
official said last year they had invested nearly Rls. 300 billion in the shares
of several petrochemical and refineries including Ghadir Investment Company,
Khorasan Petrochemical Company, Jam Petrochemical Company and Isfahan Oil
Refinery.