Sweden willing to invest in Iran's petrochemical industry

TEHRAN, Sept.2 (MNA) – Sweden ambassador to Tehran has expressed Swedish investors' willingness to invest in Iranian western province Ilam petrochemical industry. After gradual removal of EU sanctions upon Iran, a number of European countries have expressed willingness for investing in Iran’s petrochemical industry. Iranian western province, Ilam’s governor said that Swedish investors are willing to invest in this province for petrochemical relations. Shakeri added that the Swedish investors would like to establish a petrochemical complex in Chardawel, Ilam. The investors will soon travel to Iran, Ilam to closely examine the situation there and know its capabilities and potentials. Other investors from Germany,Turkey and Qatar had already expressed willingness to invest in South Pars Petrochemical industry projects. Despite illegal sanctions imposed upon Iran by west, the country has been successful to absorb foreign investors in different fields through the last years.