"The future of the petrochemical industry, given the implementation of the Joint Comprehensive Plan of Action (JCPOA), will be pretty bright," he said.
He said Iran has the greatest feedstock bulk to offer to petrochemical plants and figures do confirm this claim.
FDI Needed for Petchem Boom
Zangeneh also voiced the administration's support for private sector investors in the petrochemical sector, saying long-term tax exemptions and other incentives await investors in the sector.