Iran plans to invest 49 billion U.S. dollars in 2015 to increase petrochemical production capacity

According to reports, according to the introduction of the general manager of Iran National Petrochemical Corporation (NPC), Iran’s petrochemical production capacity will increase by 64 million tons per year over the next five years, but by 2015 it will require an investment of up to US$49 billion. According to Iran’s fifth five-year economic development plan, these projects will be implemented through financing from the National Development Fund and attracting investment from foreign companies.

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