Advantages of investing in Iran's petrochemical industry

Having one of the largest gas reserves in the world is only one of the advantages of investing in Iran's petrochemical industry.

Among other advantages, the following can be briefly mentioned: 

• Having a unique geographical position as a connecting point of the Middle East, Asia and Europe

• Continuous and accessible food supply

• Appropriate price of feed during operation based on approved formulas

• Defined discounts for feed to establish petrochemical projects in less developed areas and complete downstream chains

• Existence of tax exemptions in free zones, special economic zones and less developed areas since exploitation

• Access to open and international waters

• Access to import/export facilities

• The presence of developed infrastructure (airport, railway, port, wharf, etc.) in petrochemical hubs

• The presence of young, expert, capable and professional workforce

• The existence of a growing domestic market with more than 80 million people and the possibility of quick access to the markets of neighboring countries

• National Petrochemical Industry Company's support for the development of the petrochemical industry

• Access to capable domestic engineering companies, suppliers and producers

• Foreign investors benefit from the Foreign Investment Promotion and Protection Act (FIPPA).

• Having benefits and customs exemptions in free and special economic zones

• Having the facilities of the law to support the development of downstream industries of crude oil and gas condensate by using public investment