This investment package aims to support investors in furthering the
completion of the petrochemical industry's value chain. These initiatives
encompass the production of specific products outlined by the NPC’s planning
and development management, possessing distinct characteristics:
- Products
not domestically produced but essential for downstream industries.
- Products
facing market shortages or lacking prior approval for development.
- Products
with high risk or incorporating new technologies.
- Products
driving significant value addition from semi-finished goods.
The criteria for availing the benefits of this special investment
package are outlined as follows:
- Investment
in projects aimed at completing the petrochemical industry's value chain.
- Attracting
foreign investment exceeding $300 million, subject to official
documentation and endorsement from relevant authorities following the
foreign financial sourcing management process.
Furthermore, the benefits of investing in the petrochemical industry
under this specialized package include:
- Allocation
recommendations for land in specialized petrochemical economic zones
(Mahshahr), the Energy Special Economic Zone of Pars, Makran region, and
the Persian Gulf Energy Zone.
- Provision
of preliminary approval for project designs within twenty business days
following complete document submission and feasibility report endorsement.
- Periodic
meetings chaired by the Deputy Minister and CEO of the National
Petrochemical Industries Company to address project challenges.
- Issuance
of preliminary approval with a one-year validity.
- Recommendation
as a priority project to the National Development Fund.
- Prioritized
consideration for credit lines (if active).
- Coordination
with feedstock-producing companies for supply contracts.
- Assurance
against gas fuel reduction during colder seasons.
- Utilization
of inter-complex feedstock advantages and staggered discounts.
- Coordination
with the Central Bank for timely currency allocation during construction.
- Expedited
processing for acquiring necessary permits.
This comprehensive investment package aims to streamline investment
processes and provide various advantages to foster development within Iran's
petrochemical industry.