Turkey to invest $10 billion in industrial park in Iran
by ChemOrbis Editorial Team - content@chemorbis.com
The head of Iran Small Industries and Industrial Parks Organization (ISIPO), Ali Yazdani reported that the Istanbul Chamber of Industry (ISO) plans to make an investment worth $10 billion to build an industrial park in Iran, according to media reports. It will be the first specialized industrial park of Iran that is funded with foreign investment.
Yazdani stated that the exclusive specialized industrial park will consist of 140 production units covering a 500-hectare area and the design of this zone will be conducted by the Turkish side.
The Iranian official said that they have proposed 15 locations for the park and negotiations with Turkey are proceeding.
Yazdani stated that the exclusive specialized industrial park will consist of 140 production units covering a 500-hectare area and the design of this zone will be conducted by the Turkish side.
The Iranian official said that they have proposed 15 locations for the park and negotiations with Turkey are proceeding.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- March hints at further hikes in European PP, PE markets
- India’s PVC market dips to new lows on Taiwan’s March cuts, players seek signs of bottom
- Q1 turnarounds uplift Mid-East PP, PE markets in February; will it spill over to March?
- SE Asia’s indefinite PE shutdowns: A market in crisis as demand woes threaten survival
- Türkiye’s PPH markets perform better than copolymers in February
- Margin recovery priorities outweigh supply imbalances in European PVC markets
- Asian PVC demand stagnant; recovery hopes shift to end of Q1
- Tough slog in S Korea’s petchem industry spells disappointing 2024 financial results; will government's recent plan help weather the storm?
- China’s PP, PE markets face post-holiday supply surge and tepid demand
- A tug-of-war unfolds in Türkiye as PVC demand struggles against rising costs
