MP Stresses Economic Growth Through Production Focus

MP Stresses Economic Growth Through Production Focus
(Wednesday, January 15, 2025) 13:10

TEHRAN (NIPNA) – Zahra Khodadadi, Member of Parliament representing Malekan, underscored the critical role of production in advancing the national economy, urging collaborative efforts between the government and legislature to remove obstacles to production and support the petrochemical sector.

Speaking with NIPNA, Khodadadi emphasized the strategic importance of investing in and expanding downstream petrochemical industries to enhance value creation and drive broader economic benefits.

“The petrochemical sector plays a pivotal role in generating value-added products and supporting economic growth,” she stated. “It is one of the fundamental industries in the country, contributing significantly to economic prosperity, sustainable development, and the localization of advanced technologies.”

Transition from Raw Material Sales to Value-Added Production

Khodadadi highlighted the necessity for the industry to shift from raw material exports toward high-value product manufacturing. “To improve the current situation, gain effective market presence, and promote entrepreneurship and job creation, we must prioritize converting raw materials into value-added final products,” she noted.

She praised the National Petrochemical Company’s policy shift towards producing high-value goods and stressed the need to complete the value chain to reduce raw material sales.

Accelerating Industry Development

Khodadadi asserted that addressing challenges in ongoing projects and completing semi-finished developments will accelerate the industry's progress. “The petrochemical sector is profitable and vital for the country's economy,” she added, expressing optimism for an expanded presence in both regional and global markets.

“The goal is to maintain and enhance Iran’s standing in the global petrochemical industry, leveraging our abundant resources and technological capabilities,” Khodadadi concluded.

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