Iran carries out over 40 % of petrochemical projects itself

Jul 06, 2004 02:00 AM

At present, at least, 40 % of all petrochemical projects in Iran is carried out by Iranian contractors.
Director of petrochemical parts and machinery projects, Hamid Reza Amriyeh, noted that participation of domestic contractors in petrochemical projects, suitable supervision, and presenting appropriate managerial solutions will pave the way for more participation of domestic contractors in petrochemical projects.

He mentioned customs formalities as the major problem facing domestic manufacturers and added that such formalities increased the time for implementation of projects as well as the cost price of products.
"In most instances, the cost price of products is higher than foreign counterparts and this encourages consumers to buy foreign parts.”

Amriyeh noted that since oil industries the most sensitive industry in the country and requires painstaking attention to technical aspects, Iran has increased quality of products to compete with foreign partners.

Source: Tehran Times
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