International cooperation in the fields of financing and investment attraction and promotion

Petrochemical industry as a pioneering industry, plays a key role in the economic development of the country and preventing export of base chemicals. Petrochemical industry is categorized as capital- intensive industry,  therefore, attracting and promoting  foreign investment and maintain international finance, play a vital role in its future development. To this end, achieving balanced and unbalanced sustainable development requires timely financing of the projects through international Banks and financial institutes which in turn provides a proper ground for transferring technologies, benefiting from modern management knowledge, creating jobs and competing effectively with the rivals in international arena. Among other benefits of attracting foreign investment, access to the international exporting markets and enhancing the country’s economic and commercial activities are notable. Access to the international financial resources is considered as one of the determinant variables in the economic and international assessment of the governments’ performances.

On the other hand, development of the capital- intensive petrochemical industry through implementing high-tech infrastructural and productive projects, requires employing various methods to attract foreign investment.