
TEHRAN - Iran's Ambassador to India Siyavash Zargar-Yaqoubi says the proposed Iran-Pakistan-India gas pipeline project has the potential to create 250,000 jobs in Iran as well as in Pakistan plus a half a million more jobs in India.
“Of course, New Delhi and Tehran are discussing cooperation on a number of other fronts including other onshore and offshore pipelines, LNG plants as well as projects in the other sectors of the economy."
Speaking in an interview published in Sobh-e Eqtesad daily Wednesday, he listed a number of different projects in various economic sectors where Iran and India are cooperating on.
They include a five million ton/year LNG plant to serve Iran, Pakistan, India, Afghanistan as well as CIS countries; the gas transfer deal that could be worth anywhere between $2.5 to $4.2 billion depending on the pipeline's dimensions; direct and indirect investment on downstream industry projects worth as much as 8-10 billion dollars with high and fast rates of return; participation of Indian oil companies in Iran's oil tenders such as the Tehran-Tabriz refinery refurbishment project; an NIOC-affiliated firm winning a $200 million offshore pipeline tender in Bombay; the signature of a $400 million contract between Iran's National Petrochemical Company and a specialized private sector Indian company; the export of over $150 million worth of petrochemical goods to India last year making India our number three market for petrochemical products worldwide; a joint investment project for the production of chemical fertilizers in Assaluyeh; cooperation in the transportation sector between Iran's Transportation Ministry and an Indian consortium on development of Chabahar Port (establishment of 4,000 containers); the 700-km, $700-million Chabahar-Kerman railway project; opening of five IT parks in Iran which would create 5,000 new jobs with plans to expand the project with the potential to produce as many as 300,000 new jobs.
Zargar-Yaqoubi singled out the Chabahar-Kerman railway project and stressed on its importance. "Once implemented, not only this project would lead to the development of Chabahar Port but also it would create the largest Iranian port outside the Persian Gulf. It would also serve our national security interests. In addition, it would connect the Indian subcontinent to Afghanistan, central Iran and Europe."
News ID 30445
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