Iran plans to open $2 billion in petrochemical contracts to foreign investors
The Iranian government plans to open two billion dollars worth of petrochemical projects to local and foreign investors, said the Industrial Development and Renovation Organization of Iran (IDRO).
IDRO’s Deputy Head of financial and economic affairs Davood Haqiqi said investor opportunities will be offered to bidders at the International Conference on Investment Opportunities in Iran’s Petrochemical Downstream Industries, set for March 6 –7, 2004 on Kish Island.
The conference will provide a cross section of Iran’s investment climate and the development of downstream petrochemicals. Some of the topics to be covered at the conference are Iran’s economy and growth prospects, foreign investment facilities in Iran and the impact of upstream on downstream development. — (menareport.com)
© 2004 Mena Report (www.menareport.com)