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Turkey Expresses Interest in Investing in Iran Petchem Industry

Turkey Expresses Interest in Investing in Iran Petchem Industry
(Tuesday, September 19, 2023) 11:21

TEHRAN (NIPNA) -- A representative of a Turkish company, attending the IranPlast Exhibition, has voiced Turkey's interest in investing in Iran's petrochemical industry, stating that Turkish companies are eager to explore opportunities in the country.

In an interview during the visit to the 17th IranPlast International Exhibition, the Iranian representative from the Turkish petrochemical sector emphasized that the cultural commonalities between the two nations pave the way for interaction and cooperation. They further stressed that concerns and financial risks associated with transactions should be logically addressed, with a focus on tapping into Iran's numerous capabilities to yield positive results.

Highlighting the enthusiasm of Turkish companies for investment in Iran's petrochemical industry, the representative revealed that positive negotiations have taken place with several Iranian petrochemical companies, including Jam Petrochemicals and Tabriz Petrochemicals.

"Iran's petrochemical industry provides an excellent and promising market for investment," emphasized the petrochemical industry expert.

The IranPlast Exhibition serves as a platform not only for showcasing the potential of Iran's polymer and petrochemical sectors but also for fostering international collaboration and attracting foreign investors interested in contributing to the growth and development of Iran's industries. The event has gained significant attention and participation from industry leaders and professionals regionally and internationally.

The 17th IranPlast International Exhibition, focusing on enhancing the value chain, supporting domestic production, and promoting local manufacturing, is scheduled to be held from September 17 to September 20 at Tehran's permanent international exhibition grounds.

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