Seyed Ahmad Reza Alaei-Tabatabai made the
announcement at a one-day meeting focused on introducing recent revisions to
the holding group’s financial transaction regulations and the framework for
evaluating research and development spending.
The session aimed to familiarize subsidiary
company managers with the fund’s first investment portfolio, which comprises
companies providing specialized solutions to the holding’s subsidiaries.
Alaei-Tabatabai said the portfolio companies’ business models are designed to
meet the operational needs of Persian Gulf Holding subsidiaries while offering
advanced technological and professional services.
“The fund’s investments provide a clear roadmap
for the subsidiaries, which are among the country’s leading producers of
petrochemical products. Leveraging technology-driven and knowledge-based
companies can further advance the petrochemical industry,” he said.
Since its launch in April with an initial
registered capital of 1 trillion rials, the fund has invested an equivalent
amount in projects aligned with the holding’s operational needs. Citing the broad
investment potential in Iran’s petrochemical sector, Alaei-Tabatabai said the
fund’s capital increase was submitted to Persian Gulf Holding’s board and
approved, with administrative and legal procedures now underway.
Looking ahead, the fund plans to focus on priority
areas including renewable energy, environmental technologies, and smart
solutions for petrochemical projects. Alaei-Tabatabai emphasized that the
fund’s mission is “investment for production,” supporting initiatives that
enhance manufacturing efficiency, reduce costs, and integrate advanced
technologies across the holding’s subsidiaries.
The meeting was held on Nov. 17 at Parsian Evin
Hotel’s conference center in Tehran.