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Iran's West Azerbaijan Province possesses potential for large petrochemical investments

Business Materials 14 December 2020 14:46 (UTC +04:00)

TEHRAN, Iran, Dec. 14

Trend:

The petrochemicals are capable of large investments in West Azerbaijan Province so that removing the barriers to investment in this sector is the main task of the government, the governor of Iran`s West Azerbaijan Province said.

"Those who are eager to invest in various sectors, including petrochemicals, assure that the management of the province has a serious will to remove obstacles and facilitate the production process," the West Azerbaijan Governor Mohammad Mehdi Shahriari said on Sunday in a meeting with applicant investors in petrochemicals of West Azerbaijan, Trend reports citing IRNA.

Referring to the agreement of the Minister of Oil to build a new petrochemical unit in West Azerbaijan, he said that "Considering the unique features of the province, we strongly support real investors who have an operational plan."

The governor of West Azerbaijan said that "Since the beginning of the current Iranian year (started on March 20), despite the outbreak of Coronavirus, we are witnessing the growth of investment applicants in the province."

Shahriari announced that "All managers have been notified to take serious care to remove production barriers."

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