Speaking at the specialized meeting on
petrochemical industry investments and developments at the 14th Iran Petrochemical
Forum, Nekoui said that the projects were suitable for interested investors.
He also mentioned that 116 petrochemical projects
with an investment volume of about $100 billion are being implemented in Iran.
Of these, 37 projects are under 20% progress, 32 projects are 20-70% progress,
and 11 projects are over 70% progress, and these 11 projects will be
operational by the beginning of next calendar year.
Nekoui further explained that NPC is paying
attention to the allocation and sustainability of petrochemical projects' feed.
For petrochemical projects in the chain, feed discount is considered, and some
cases are given a discount of up to 30% at the discretion of the Ministry of
Petroleum. Additionally, a long-term tax discount has been considered for the
projects in special and less developed areas.
Nekoui highlighted that one of the advantages of
special petrochemical zones is access to high seas and infrastructure
facilities. The Foreign Investment Promotion and Protection Law (FIPPA) has
also been considered to reduce the risk of investment by guaranteeing the
permission to withdraw capital and profit from capital.
Nekoui mentioned that there are six active
petrochemical hubs in the country, with 14 plans in Mahshahr, 23 plans in
Asaluyeh, 11 plans in Kangan, 10 plans in Parsian Energy Zone, two plans in
Chabahar, and four plans in Qeshm.
Finally, Nekoui emphasized that the focus of this
administration is on internalizing technical know-how, manufacturing equipment
and goods, and using domestic catalysts.