Advantages and incentives for investment in Iran’s petrochemical indus

• Supporting investment in Iran's petrochemical industry by the National Petrochemical Company
• Abundant and accessible feedstocks for petrochemical industry
• Guaranteeing continuous supply of the feedstocks required by petrochemical industries
• Definite feed price based on Oil Ministry's approved formula
• Availability of developed transportation's infrastructures (airport, railway, port, jetty, etc.) specially in developed petrochemical hubs
• Availability of well-educated and highly-skilled human resource
• Availability of in-expensive manpower
• Defined discounts up to %30 on feedstock for establishing petrochemical plants in less-developed areas and completing downstream product chains
• Long-term tax exemptions, starting from operating time, for plants established in free-trade zones, special economic zones and less developed areas
• Access to international waterways
• Access to neighboring countries' markets
• A fast-growing domestic market for petrochemicals
• Qualified domestic manufacturers and engineering companies
• Benefiting from Iran's Foreign Investment Promotion and Protection Act (FIPPA)
• Customs exemptions and advantages for investing in free zones and special economic zones