Expansion of the petrochemical sector has continued as planned and $24 billion has been invested in development projects since 2014, National Petrochemical Company's deputy for investment said.
"Return on investment in petrochemical projects is guaranteed 100% and this is the reason the sector has attracted significant domestic and foreign investments," Hussein Alimorad was also quoted as saying by Shana Monday.
Access to low-cost feedstock plus domestic and international markets have had a major in boosting the sector, he said.
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