14 projects are
to be built in the zone’s first phase.
The deal was
signed on Monday by Behzad Mohammadi (NPC CEO) and Khodada Gharibpour, chairman
of IMIDRO board of directors.
is tasked with vetting the credentials of petrochemical units intended to be based
of understanding, while facilitating the deployment of petrochemical companies
in the zone, will accelerate the operation of five petrochemical projects in
the region, each of which will have a capacity to generate 5 to 7 thousand jobs.
Plans are under
way to produce 4 million tons of steel, 18 million tons of petrochemicals and
1.2 million tons of aluminum. Besides 6,000 megawatts of power will also be
generated in the region.
Iran is to build
14 petrochemical projects in Phase I of Parsian Energy Intensive Industrial
Special Economic Zone (PEIISEZ), which will add 15 million tons to the
country’s annual production capacity.
The projects will
be build with $19 billion of investment and will create a new movement in the
southern province of Hormuzgan.