Official Stresses Planning for Value-Chain Completion

(Tuesday, March 12, 2019) 19:10

TEHRAN (NIPNA) -- A member of the Tehran Chamber of Commerce stressed the necessity of devising plans for completion of the value-chain in the petrochemical sector of Iran.

Speaking to NIPNA, Mehdi Pourghazi said conversion of items into final products in the petrochemical industry was a step in the path of self-sufficiency and job creation in the country.

He said exploitation of important petrochemical projects could generate jobs and value for the country, adding: "I believe that implementation of petrochemical projects or the further development of this industry is a step in the direction of creation of jobs for the youth and self-sufficiency, in line with the principles of resilient economy for the country.”

The official added that the development of petrochemical industry could simultaneously jack up non-oil exports, which would lead to a decrease in crude oil and gas sales, while generating more income for the country and creating employment.

Pourghazi underscored the fact that Iran's petrochemical industry had made progress in spite of economic restrictions and sanctions, saying: "Without a doubt, moving towards realization of the resilient economy in all aspects and sectors of the country is a priority, therefore, the sectors that are considered to bear economic benefits for the country should also be viewed as a priority.”

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