
Abbas She’ri Moqaddam, told reporters during the First International Exhibition on Banking, Insurance, Capital Markets and Privatization, and Sixth Exhibition on Investment Opportunities in Cypress held in Kish Island, that privatization had been completed on petrochemical sector. “A new surge in petrochemical industry would only be possible when the private sector participates in the sector; the conditions have now improved and are favorable to development and we will see a great leap forward in petrochemical industry,” he added.