{"id":13731,"date":"2025-03-29T12:55:09","date_gmt":"2025-03-29T12:55:09","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=13731"},"modified":"2025-03-29T12:55:09","modified_gmt":"2025-03-29T12:55:09","slug":"petchem-industry-supports-attracting-new-investments","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/13731\/","title":{"rendered":"Petchem industry supports attracting new investments"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0The caretaker of the investment management department at the National Petrochemical Company (NPC) said attracting new investments in the “Year of Investment for Production” is a key strategy aimed at boosting output and completing the value chain, adding that NPC is ready to offer full cooperation and support in this effort.<\/p>\n

Hamidreza Ajami described the Leader\u2019s designation of the current Iranian year (1404) as the “Year of Investment for Production” as a valuable opportunity to deepen and expand investment in the value-creating petrochemical industry. He stated that NPC\u2019s investment management team is fully focused on attracting new investments to realize this important goal.<\/p>\n

Ajami noted that the petrochemical sector accounts for about 19% of the total industrial added value and 26% of non-oil exports. He emphasized that despite sanctions, half of the country\u2019s foreign exchange needs are met through petrochemical exports. He described the industry as a high-tech, advanced, and international sector that drives innovation, entrepreneurship, technology-based activities, value chain development, and sanctions resistance. Additionally, he highlighted its role in enhancing economic security and serving as a model of a resilient, non-operational defense economy.<\/p>\n

Unlike many other industries, Ajami said, the petrochemical sector operates in a global competitive environment and can sustain growth without subsidies, customs protections, or import bans. This makes it a key driver of Iran\u2019s economy, with significant comparative advantages that are highly attractive to investors.<\/p>\n

Ajami outlined NPC\u2019s investment plans for the year, including:<\/p>\n

– Comprehensive support for investors<\/p>\n

– Continuous updates to the business licensing system to streamline permit issuance and renewal<\/p>\n

– Simplifying and removing unnecessary bureaucratic hurdles<\/p>\n

– Revising regulations to encourage more investment in petrochemicals<\/p>\n

– Securing financing from domestic and international sources, including banks, financial institutions, and capital markets<\/p>\n

– Implementing new financing models for petrochemical projects using idle capital, with greater private and public participation<\/p>\n

– Expanding domestic and international partnerships based on industry experience and current\/future business conditions<\/p>\n

These measures, he said, are part of NPC\u2019s strategy to fulfill the year\u2019s motto: “Investment for Production.”<\/p>\n

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