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Spanish firms ready to invest in Iran’s petchem sector
TEHRAN- Juan Ramon Duran, the general manager of Spain’s Sercobe Association, announced Spanish companies’ preparedness to invest in Iran’s petrochemical sector.
He made the remarks in a meeting between a number of Sercobe’s representatives and National Iranian Petrochemical Company (NPC)’s Managing Director Abbas She’ri Moqaddam and some other NPC officials in Tehran, the Shana News Agency reported on Tuesday.
Duran said Spanish companies are very hopeful that the sanctions are lifted against Iran as soon as possible; so that they could cooperate in implementation of petrochemical projects in the Islamic Republic.
“We intend to make long-term contracts with Iran in different petrochemical fields. I believe that cooperation with Iran will be successful for us”, he stated.
She’ri Moqaddam, for his part, welcomed the Spanish companies’ eagerness to invest in Iran’s petrochemical sector and said Iran-Spain cooperation brings a bright future for the both sides.
There is a positive approach toward Sercobe in Iran and NPC trusts the association; the officials said, adding that when the sanctions are removed against Iran the companies which have created such trust in the country will be attached priority for cooperation.
Addressing the same meeting, Amir-Hassan Fallah, the NPC advisor for finance and investment development, said: “We believe that many projects in Iran could be completed through Spanish companies’ direct investment. Spain is among a few number of European countries which remained beside Iranian petrochemical industry in the sanctions time; therefore, the ground is prepared for the mutual trust between Iran and Spain.”
In the end of meeting, the Spanish representatives announced that they will participate with their full capabilities in the next year’s edition of Iran Petrochemical Forum (IPF).
SERCOBE is the National Association of Manufacturers of Capital Goods, with one hundred and thirty individual members and five collective members, representing more than four hundred companies and special groups related to design, engineering, production, maintenance, installation and recycling of capital goods.
In April She’ri Moqaddam said that some $30 billion of investment opportunities have been identified in Iran’s petrochemical sector, which will be certainly welcomed by European and Asian investors after the sanctions against the country are lifted.
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