Speaking to
NIPNA, Mahmoud Sadeghi, who represented the people of Tehran, Rey, Shemiranat,
Islamshahr and Pardis in the parliament, said attraction of investment needed
to be facilitated in the petrochemical sector as it could be instrumental in
generation of jobs.
He said
attraction of foreign direct investment could bring about economic and even
security stability in the country, adding there exist ample investment
opportunities in Iran’s oil, gas and petrochemical sectors.
The MP
further said that investment in the petrochemical sector was especially
important as the sector prevented sale of raw materials including crude oil and
natural gas, adding fresh investment in the sector could accelerate expansion
of the industry.
“Sanctions
bring challenges with them but given the wisdom apparent in the petrochemical management
of the country, we can ensure investment in various sectors of the industry and
witness its development,” Sadeghi said.
He further
added that development of petrochemicals industry could boost Iran’s non-oil
exports and generate considerable revenues for the country which could be pretty
helpful for the economy.