Jan 27, 2016, 7:58 PM
News Code: 81938558
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Singapore, Malaysia ready to invest in Qazvin petchem industry

Qazvin, Jan 27, IRNA – An economic delegation from Singapore and Malaysia in a meeting with Governor General of Qazvin province Fereydoun Hemmati expressed readiness for investment in petrochemical industry.

A member of the 3-person delegation Alan Lim in the meeting with Governor General of Qazvin province and provincial directors in sectors of industry, gas, trade and commerce here on Wednesday said that they are ready to invest in upstream industry of petrochemical.
He said that are they ready to construct petrochemical complexes in Qazvin and invest in this sector too.
In the meeting, Hemmati expressed province's readiness for absorbing foreign investment and said that in post-sanctions era, government intends to absorb foreign and domestic investments in different economic sectors.
Deputy Governor General for economic affairs Mojtaba Shirali described Qazvin province with various economic capabilities and its closeness to Tehran and enjoying appropriate communication and transportation network as part of its capabilities.
Main gas transfer pipeline passes from Qazvin, which is an advantage for petrochemical industry; he said adding that, the province is a connection point for 13 provinces with capital, Tehran.