Director of Economic Development and Investment at the South Pars Special Economic Zone announced that “12 industrial, welfare, and infrastructure projects” will be introduced to investors at an international oil and gas event on Tuesday.The “Strategic Transformation in Iran’s Upstream Oil & Gas Sector” event will be held in Tehran on April 22.Mahmoud Sheikh-Mamoo, speaking on Sunday about the upcoming event aimed at attracting investors to the country’s oil, gas, and petrochemical industries, emphasized, “Investment in oil and gas projects, conversion industries, and downstream petrochemicals within the South Pars Special Energy Zone is both attractive and aligned with domestic and global market demands.”Stressing that “completing infrastructure and conversion industries will create significant job opportunities in the region,” he expressed hope that “the economic potential of the South Pars Special Energy Zone will materialize into tangible economic activity this year.”Sheikh-Mamoo added, “In this ‘Year of Investment for Production,’ we will make every effort to support and encourage investors to invest in the South Pars Special Zone as the nation’s energy hub. Investors can register and submit their proposals through the electronic business process management system of the Special Economic Zone at BPMS.PSEEZ.IR.”  He highlighted customs exemptions for imported goods and equipment, long-term tax exemptions for locally produced goods, and access to abundant and diverse petrochemical raw materials as key advantages of investing in the South Pars Special Economic Zone.  The official also pointed to the private sector’s expertise and capital capacity within the country, noting, “Over the past decade, the necessary legal and regulatory frameworks for financing and executing projects across various sectors through public-private partnerships (PPP) have been established. Infrastructure projects in this region can now be implemented via private sector collaboration under PPP contracts. Several industrial and service projects in the zone are already being executed through this model.”  Sheikh-Mamoo reiterated that “special economic zones are designed to facilitate easier access to global markets,” expressing optimism that “with improved conditions and the full or partial lifting of sanctions, international investors will be able to participate in the region, boosting economic prosperity and employment opportunities here.” (ICE TEHERAN)

Fonte notizia: IRAN DAILY