19 July 2016 - 11:24
  • News Code: 265240
Admin Banking on Petchem Development in Fars: Veep

TEHRAN, July 19 (Shana) -- First Vice-President Eshaq Jahangiri said the administration is seriously considering petrochemical development of the southern province of Fars and has earmarked IRR26,000b for promotion of the sector.

Speaking upon arrival to Shiraz Airport to launch a petrochemical project in the city, the official underlined lack of water resources and drought in the province.

"The province is one of the country's leading provinces and has a special status in agriculture, industry and energy sectors," he said.

He said petrochemical development is one of the key plans by the administration which has allocated IRR26,000b to bolster the sector.
News Code 265240

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