Makran petrochemical hub receives �10 billion investment

INSUBCONTINENT EXCLUSIVE:
petrochemical hub at Negin Makran in Chabahar
This investment aims to establish petrochemical complexes and complete the methane gas value chain, ensuring that raw petrochemical exports
Complex consists of six megaprojects and 22 downstream petrochemical units
According to plans, utilities such as water, electricity, steam, and auxiliary services, along with two petrochemical units, will become
government.Moniri Abyaneh highlighted that one of the main achievements of the Makran Petrochemical Complex is the employment of local
workers
The workforce in this complex exceeds 5,000, with over 50 percent recruited from the local population.The official recounted the origins of
the Makran Petrochemical Complex, which began following a directive from the Leader of the Islamic Revolution to develop the Makran
coastline
in the Chabahar Free Zone, at a location identified by the Ministry of Oil.Moniri Abyaneh noted that the Makran Petrochemical Complex,
recognized as the third petrochemical hub, is the first instance where private-sector entities led the development of a petrochemical zone
in a free trade area
Over time, even the regulatory frameworks governing development were drafted and refined as part of this pioneering project.The Makran
Petrochemical Complex encompasses 18 infrastructure and investment projects, seven of which involve petrochemical production in
collaboration with private companies and investment holdings
petrochemical facilities and downstream industries.EF/