According to the public relations office of Gachsaran
Polymer Industries, Seyyed Mohammad Hossein Jazayeri-Mousavi highlighted the
project's definition as a priority within the Persian Gulf Holding Group.
"Based on the strategic direction and specific attention given by the
Group's Business Development and Planning Deputy, we are determined to shorten
the project timeline from the initially set date of the second half of 2025
through comprehensive efforts and utilization of available resources,"
stated Jazayeri-Mousavi.
He revealed a cumulative progress of 24.51% and an
engineering advancement of 66.67%, adding, "The heavy polyethylene project
of Gachsaran Polymer Industries, with an investment exceeding 200 million
euros, is currently underway. We've emphasized domestic production in the
procurement and manufacturing of project equipment, targeting over 70% localization
of equipment, relying on the expertise and capabilities of Iranian
specialists."
Jazayeri-Mousavi continued, "Orders worth over five
million euros have been placed for foreign currency purchases in equipment that
currently lacks domestic production capacity. Dedicated financial resources,
both in Rials and hard currency, have been secured through ongoing
negotiations, which are anticipated to significantly contribute to the
project's progression."
He highlighted the expected employment generation, stating,
"It is anticipated that upon operationalization, 250 direct jobs and over
600 indirect employment opportunities will be created. With the rapid launch of
this project and collaboration between the Persian Gulf Holding Group, the
Central Bank, and the Ministry of Industry, Mine, and Trade, we aim to witness
Gachsaran Polymer Industries play a pivotal role in the sustainable economic
development of the Gachsaran region."