Iran Activates Dormant Petchem Projects with New Investment, Jobs

Iran Activates Dormant Petchem Projects with New Investment, Jobs
(Tuesday, February 17, 2026) 13:49

TEHRAN, Feb. 15 (NIPNA)— Iran has revived 30 previously inactive projects in the Petrochemical Special Economic Zone, drawing investment of 43 trillion rials and $53 million, a zone official said.


Akbar Pirbadli Samarin, head of investor services and divestments at the Petrochemical Special Economic Zone Organization, said the initiative would add more than 511,000 tonnes to the region’s petrochemical production capacity.

The projects are expected to create around 930 direct jobs and about 2,500 indirect positions, Pirbadli Samarin said, according to NIPNA, the news agency of the National Petrochemical Company.

He said the move aligned with Iran’s broader development policies focused on boosting production, creating sustainable employment and unlocking the value of idle land.

“The scale of investment reflects investor confidence in the zone’s infrastructure, capabilities and institutional support for facilitating investment,” Pirbadli Samarin said.

The Petrochemical Special Economic Zone, located in Iran’s southwest, is a key hub for the country’s petrochemical industry and exports.

Officials said the organization would continue policies aimed at improving land productivity, encouraging private-sector participation and completing value chains across the petrochemical sector.

 


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