NPC Backs New Investments to Drive Petrochem Growth

NPC Backs New Investments to Drive Petrochem Growth
(Thursday, April 3, 2025) 19:47

TEHRAN (NIPNA) -- The National Petrochemical Company (NPC) is stepping up efforts to attract new investments aimed at boosting production and expanding value chains, as part of Iran’s 2025 economic theme, "Investment for Production."

According to Hamidreza Ajami, acting head of NPC’s Investment Management, the company is fully committed to supporting investors by providing technical assistance, financial facilitation, and streamlined licensing processes.

Petrochemicals: A Pillar of Iran’s Economy

Ajami told NIPNA that Iran’s petrochemical sector accounts for 19% of the country’s total industrial value-added and 26% of non-oil exports.

"Despite sanctions, nearly half of Iran’s foreign currency needs are met through petrochemical exports," he said, emphasizing the industry's resilience, technological advancement, and role in economic security and innovation.

Unlike many other industries, Iran’s petrochemical sector competes globally without relying on subsidies, import restrictions, or customs protections, making it one of the nation’s key economic drivers.

Investment Strategies for 2025

To enhance investment in petrochemicals, NPC has outlined several key measures:

  • Comprehensive support for investors, leveraging 60 years of industry experience to provide technical guidance and financial assistance.
  • Continuous updates to the industry’s licensing system to ensure efficiency and transparency.
  • Simplification and acceleration of regulatory processes to eliminate unnecessary bureaucratic hurdles.
  • Revisions to investment regulations to remove barriers and encourage greater participation.
  • Diverse financing mechanisms, including domestic and international funding from banks, financial institutions, and capital markets.
  • New financing models that mobilize idle capital through maximum participation of the private sector and the general public.
  • Expanding domestic and international partnerships based on previous industry experiences and current market conditions.

Positioning Petrochemicals as Iran’s Investment Magnet

Ajami stressed that Iran’s petrochemical industry presents a compelling investment opportunity due to its high profitability, competitive advantages, and minimal reliance on government support.

"We are ready to work closely with investors to unlock new opportunities, ensuring that Iran’s petrochemical sector continues to be a global leader and a cornerstone of the country’s economic resilience," he concluded.

 


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