Speaking in an interview on Wednesday, Farhad Tahmasebi, Vice Chairman
of the Industry and Mines Committee, underscored the strategic imperative of
channeling domestic investment and idle private liquidity into
capital-intensive petrochemical developments.
Industrial Value Addition and Capital Mobilization
Tahmasebi highlighted that capital deployment in the energy and
petrochemical sectors yields significantly higher added value compared to raw
commodity exports, describing petrochemicals as a foundational parent industry
(Sana'at-e Mādār).
"Investment in the oil and petrochemical sectors is a
fundamental, infrastructure-level priority that generates substantial value
addition. We must mobilize large-scale domestic capital and redirect floating
liquid assets into petrochemical projects to guarantee raw material supplies
for domestic manufacturing while sustaining non-oil foreign exchange
revenue." — Farhad Tahmasebi, Vice Chairman of the Parliamentary
Industry and Mines Committee
Strategic Economic Impacts
The lawmaker outlined three primary economic benefits driven by
ongoing expansion in the petrochemical sector:
- Downstream
Supply Security: Continuous supply of chemical and polymer
feedstocks to domestic manufacturers, protecting downstream industrial
production lines.
- Non-Oil
Export Growth: Reinforcing Iran's non-oil trade balance
through high-value export streams to international markets.
- Inter-Sectoral
Spillovers: Accelerating technical and economic
development across adjacent industrial sectors linked to petrochemical
supply chains.