Baku, Azerbaijan, May 20
By Elnur Baghishov – Trend:
Discussions with foreign investors in Iran’s petrochemical industry continue, said Hossein Alimorad, director for investments issues at Iran’s National Petrochemical Company (NPC), Trend reports via Shana news agency.
He said that the rules of attracting foreign investors meet international requirements and depend on Iran’s cooperation with global companies.
He added that Iran’s relations with different countries and companies in Europe and Asia are based on a win-win principle.
“Foreign companies, particularly Asian companies, considering the opportunities of Iran’s petrochemicals industry and conditions, are still interested in cooperation, despite the withdrawal of the US from the Joint Comprehensive Plan of Action (JCPOA),” he said.
He noted that one investment consortium showed interest in re-engagement in Iran’s petrochemical industry, and the necessary discussions were held with this consortium.
“This investment consortium stated about its readiness to implement projects in Iran’s petrochemical industry, and even asked Iran for help to speed up the project’s implementation,” he said.