Hassan Abbaszadeh, the Planning and Development Manager of the
National Petrochemical Company, stated in an interview with NIPNA, "For
new investments, a larger portion should be allocated to the development of new
projects from external sources as well as shareholders' contributions, and
large petrochemical holdings should allocate a portion of their annual profits
to project development at the end of each year."
Abbaszadeh continued, "In recent years, most investments have
been in the form of foreign finance, and to attract new capital, we must
utilize all available capacities in the country."
He added, "To develop the value-creating industry of
petrochemicals, market capitalization capacities can be utilized to finance
petrochemical industry projects, and various collaborations have been realized
in this regard."
The Planning and Development Manager of the National Petrochemical
Company elaborated, "With the aim of balanced development of the
petrochemical industry, proposals have been made in the Seventh Development
Plan, and completing the value chain is highlighted as a key strategy."
He stated, "So far, $80 billion has been invested in Iran's
petrochemical industry."
Abbaszadeh noted that to achieve the goals of the Seventh Development
Plan, annual investments of $5 to $7 billion in the petrochemical industry are
necessary. He said, "In recent years, using various methods, an average of
$3.5 billion annually has been invested in the petrochemical industry."