Abdul Hossein Bayat said on Wednesday that all related projects Funds, especially Kangan Petrorefinery, have favorable progress status.

He considered one of the factors of the success and tangible progress of the petro-refinery and petrochemical projects in Kangan region to be the placement of group companies with different engineering and design capacities (such as EIED from the companies of the Funds Economic Group) next to the projects under construction, and said: “Engineering and design services in this area has been completely localized by the subsidiaries of the funds and we have the ability to export it.”