Hamidreza Ajami, NPC’s Director of Investment, highlighted the
company’s strategic approach to fostering investment, focusing on three
pillars: business licensing, financial support for projects, and leveraging
international expertise.
“So far, nearly 141 investment licenses have been issued or are in the
final stages of approval,” Ajami said. “The total estimated value of these
investments is around $99 billion, expected to come to fruition over the next 8
to 10 years.”
Ajami underscored the need for sustained annual investment of $7–8
billion to meet the sector’s growth targets, echoing previous calls from Iran’s
Supreme Leader who has urged prioritization of industrial investment.
He noted that the NPC is intensifying efforts to attract both domestic
and foreign capital. “We are seeing the results of nearly eight years of work
in this area, and today’s environment offers a strong opportunity to connect
with investors through exhibitions and international events.”
Ajami emphasized the role of technological innovation in streamlining
regulatory processes. “We have incorporated artificial intelligence tools in
the licensing process to reduce dependence on traditional procedures, thereby
improving speed and accuracy. Smart use of technology will remain a key part of
our strategy.”
In a nod to regional cooperation, Ajami also said the company aims to
harness the benefits of Iran’s membership in the Shanghai Cooperation
Organisation (SCO) as part of its external investment strategy.
Ajami concluded by stressing the importance of mobilizing untapped
domestic resources. “We must redirect idle capital from the public,
institutions, and provinces into the petrochemical sector,” he said.
The statements come as Iran looks to expand its petrochemical
production capacity and value chain amid ongoing economic and geopolitical
challenges.