Bou Ali Sina Petrochemical Company in southwestern Iran (file photo)[/caption]Iran is prepared to support all international and domestic investors in the countrys oil and petrochemical sectors, an Iranian official says.
Managing Director of the National Petrochemical Company (NPC) of Iran Abbas Sheri-Moqaddam described Irans petrochemical sector as a secure area for investment.
The Iranian Oil Ministry and the NPC support domestic and foreign investors and are prepared for any kind of cooperation, the official stated.
He added that investors can play an active role in the Iranian petrochemical industry, which is undergoing new developments.
Iran plans to increase its petrochemical exports to USD 12 billion in the current Iranian year (started March 21).
The Islamic Republic has significantly expanded the range and volume of its petrochemical production over the past few years, and the National Petrochemical Company of Iran has become one of the largest producers and exporters of petrochemicals in the Middle East.
By Press TV
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