Iran seeking to lure petchem investors

04/26/1999
International petrochemical producers are keen to invest in Iran, if attendance last week at the first Iran Petrochemical Forum (IPF) in Tehran is a guide. The forum, with attendance put at more than 600, was aimed at luring foreign capital to Iran's petrochemical industry. Mohammad Ali Najafi, Iran's vice-president and head of the government's planning and budget organization, said, "IPF is being held at a time when dramatic developments are under way in our country," referring to the "environment for international ties" put forth by Iranian President Khatami. The Khatami government's third 5-year plan (2001-2005) includes a major expansion of its petrochemical...
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