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Petchem Industry, Indicator for Economic Growth: MP

Petchem Industry, Indicator for Economic Growth: MP
(Wednesday, December 16, 2020) 11:39

TEHRAN (NIPNA) -- A member of the Planning and Budget Committee of the Islamic Consultative Assembly said: "The existing potentialities in the Iranian petrochemical industry are considered as an advantage and an indicator for improving economic growth.”

Jafar Ghaderi, a representative of the people of Shiraz and a member of the Special Committee for the Leap of Production of the Islamic Consultative Assembly, told NIPNA that the Iranian economy should move towards reducing dependence on oil revenues: "Likewise, the petrochemical industry has a high value added and plays a role that should be used properly.”

He added: "Undoubtedly, economic prosperity is a pillar of development and in the meantime, petrochemical plants can change the economic future of the country. We must be able to enhance non-oil exports, especially petrochemical products, by reducing our dependence on oil."

Ghaderi added: "We must strengthen the country's petrochemical industry with empathy and interaction. The support of the government and parliament, along with the efforts and presence of the private sector, can pave the way for the development of petrochemical companies and realization of the expected leaps for this industry."

The member of the Program and Budget Committee of the Islamic Consultative Assembly stated the petrochemical industry is always the engine of sustainable development and employment, and it should also always be noted that the balanced development of the petrochemical industry is one of the priorities and policies of Iran’s oil industry.

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