MP Stresses Necessity of Engaging Private Sector in Petchem Projects

(Sunday, August 11, 2019) 17:13

TEHRAN (NIPNA) – A member of the Iranian parliament’s economic committee highlighted the role that the private sector can play in the petrochemical sector.

Speaking to NIPNA, Farid Mousavi said that supporting downstream industries was a necessity for the country’s economy as it helped generate revenues and jobs.

He said development of the petrochemical industry must be valued, adding: “If the sector gained the required attention, many of the economic challenges could be addressed in the country.”

“The petrochemical industry is the most value-generating sector of the country, therefore access to feedstock is one of the numerous advantages of developing the sector in Iran.”


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National Petrochemical Company