In the name of God

The Twenty-Ninth English Bulletin of Industrial Development and Renovation Organization of (IDRO) No.29 November 2016

IDRO, Sign Deal in Paris, 3 Iran Achieves Technology to Build Open New Chapter in Iran-France Ties Marine Platforms

3 ZF Members of the Board from Germany Visiting Dr. Moazami

5 IDRO Chairman Meets Croatian I ndustrial Development and Renova- zadeh and Renault President Carlos Ambassador tion Organization of Iran (IDRO) and Ghosn.The venture will, for the first time, French multinational automobile manu- give Renault its own distribution network 6 facturer Renault signed a deal on the sec- in Iran, complete with sales and after-sales IDRO in Talks with Italian Company to ond day of the Paris Motor Show 2016. services. The deal was on the establish- Accelerate Develop- The joint venture deal was signed by ment of an engineering and sales office in ment of Esfarayen Project IDRO’s managing director, Mansour Iran to support Iranian auto part manufac- Mo’azzami, and Renault’s chief competi- turers and also setting up a manufacturing 7 tive officer, Thierry Bolloré, and in the plant in the country with the initial capac- IDRO to Expand presence of Iranian Industry, Mining and ity of 150,000 cars per annum. Industrial Ties with German Bavaria Trade Minister Mohammadreza Nemat- contd on p.6

Security and Stability Set Scene for IDRO Companies Long-Term Investment: IDRO Chairman Eligible for International Energy Iran and six world powers finalized a Ventures deal in July 2015, under which accepted to roll back its nuclear program in exchange for relief from international sanctions against the country. Following the opening, groups of international investors have been visiting the country in an effort to win investment opportunities. I DRO Chairman Mansour Moazami The IDRO chairman also cited says Iran’s stability and security provides that Iran’s economic pace has gained T he Iranian Oil Ministry has named a heaven for long-term investment by for- momentum to 4.4 percent in the first eight domestic companies as eligible eign investors. five months of the current Iranian year, counterparts for foreigners’ energy “Doors of the Iranian market are open saying, “The JCPOA has amazingly partners, including Industrial Projects to foreign investment, and the country’s increased Iran’s industrial investment Management of Iran (IPMI), an IDRO security and stability allows for long- capacity.” affiliate. term and lucrative investment by interna- Iran was under sanctions for more than According to Mohammadreza Mogh- tional investors,” he said during a press three decades, with the country coming adam, the deputy Iranian oil minister conference with international media. contd on p.6 contd on p.4 Insight 2 No.29 November 2016

Cooperation with International Brands Boosts Domestic Production: IDRO Chairman

situation of the country, Dr. Moazami tistics, Mr. Vakili said almost 15 million stressed that Iran has to grab the opportu- cars are in Iran with an average age of 11 nity and make the best use of it. years. While Iranian cars burn 7.10 liters “Certainly, Iranian experts and techni- of fuel on a 100 kilometers (62 miles) cians know how to take account of their run, the number is 5.4 liters and 5.5. liters financial considerations and this is a mes- in Japan and Europe, respectively. On av- sage to those worriers \not to be warry erage, fuel consumption in Iran is almost for unfounded reasons,” he said, adding, twice as high as the global standard. holding such training courses and semi- A second solution is to enhance the T he two day seminar on the role of nars help the sides develop and under- share of in the country’s ener- powertrain components in sustainable stand a mutual dialogue. gy mix which can be key to the transpor- transportation was held on the initiative Regarding the French IFPEN, Dr. tation sector. The oil minister advisor also of IDRO. Moazami characterized cooperation be- referred to combined fuels and stated that During the seminar Dr. Moazami, IDOR tween Iran and the company as “good and good steps have been taken in this regard. chairman as well as deputy industry minis- long-standing,” saying that IDRO is more No country in the world can rut on its ter, delivered a speech on the opportunities serious than ever and seeks cooperation own and all research centers around the of Iran in the post-sanctions era. with IFPEN. world collaborate with each other. Ac- The two-day seminar was a platform Gas surplus in Iran cordingly, IFPEN can use research find- for the exchange of ideas on the latest Another speaker of the seminar was Ali ings by Iranian researchers and the way developments in diesel and gasoline en- Vakili, the managing director of the Ira- around in the form of joint enterprises, gines, gas-sipping engines, and electron- nian Fuel Conservation Company (IFCC) Vakili stated. Following Vakili’s speech, ic and hybrid automobiles. Referring to as well as oil minister advisor. IFPEN experts started their technical ses- the post-sanctions era and the promising Providing the audience with some sta- sion, introducing the company.

IDRO Chairman Told Middle East Eye the interview. There has been an increase in transactions with foreign investors Increasing Number of Investors in Iran in the post-sanctions era, he said, though the situation has not met Iran’s expectations yet. “We expect European countries to keep their own side of the bargain in the post-JCPOA era. After President Rouhani’s visit to France and Italy, we have seen more European investors in Iran. We clinched good agreements with Italy and are finalizing contracts with French companies in the automotive sector.” The IDRO chairman also conditioned I n an interview with the English gic situation of the country, Dr. Moazami cooperation with foreign investors Middle East Eye, IDRO Chairman Dr. hailed the post-JCPOA as a unique op- upon making investments in Iran and Moazami emphasized that an increasing portunity for foreign investors to partici- transferring technology to Iranian number of investors are attending the pate in industrial projects up for grabs in companies. Iranian market. the Iranian market. “Foreign companies should make in- Referring to advantages and rich ca- “Iran gives more credit to its strategic vestment in Iran, start production inside pacities of Iran such as educated and partners that continued their partnership the country, transfer technology to Irani- skilled human resources and the strate- during the tough sanctions days he said in an companies, and export items,” he said. News

The Twenty-Ninth English Bulletin of Industrial Development and Renovation Organization of Iran (IDRO) 3

Iran Achieves Technology to Build ZF Members of the Marine Platforms Board from Germany Visiting Dr. Moazami

We will welcome German companies’ presence in Iranian market T he mounting operation of platform ity to manufacture the platform, the Z F members of the board express 18B of phases 17 and 18 of South Pars IDRO official said, “The policy shows their willingness in bilateral cooperation gas field was successfully accomplished that ISOCIO, as a subsidiary of IDRO, in manufacturing parts and making 100 kilometers offshore of Assalouyeh has fulfilled its mission in supporting the common platform. and other equipment such as bridges and country’s industry.” While Dr. Moazami has welcomed torches are being installed. According to “In installing the platform, all safety industrial cooperation of German com- Masoud Golshenas, manager of macro- measures were taken and all designing, panies in Iran, stated that, one of the projects of IDRO, currently platforms are building, and equipment supplies, and main policies of Ministry of Industry domestically built in Iran and “we have installation operation were conducted by and Mine is based on supporting private achieved self-sufficiency in this sector.” Iranian experts,” he highlighted. sectors; However, IDRO will support Referring to the point that the newly Pointing out to installing platforms foreign companies whether they want installed platform enhances the country’s 17B and 18B before installing platforms to cooperate with Iranian companies gas extraction from South Pars gas field of phase 14, Golshenas added, “the de- or even to be active independently, Ac- up to 14 mcm per day, Golshenas remind- cision was made by the Oil Ministry in cording to Informing office of IDRO. ed, “the platform was built in 17 months order to make the most use of borderline Having mutual cooperation jointly with at Bandar Abbas and all engineering work areas of South Pars gas field and so we ZF would be acceptable for us since we of the project was provided by ISOICO, acted accordingly.” have had good experiences in cooperating which is a subsidiary of IDRO.” “It took ISOICO between 16 to 18 with foreign companies, he said. ZF can “Currently, platforms built by ISOICO months to design and build Platform 18B. create also joint investment for making meet the latest global technological stan- The installed platform is an equipped one common platform with car manufactures in dards, comparable to those manufactured and we hope to operationalize it in four Iran. Commercial vehicles and passenger by European brands in terms of quality months so as to have gas extracted from cars’ platform production as well as car and duration,” Golshenas said. the platform in the national gas network engines and parts manufacturing are other Talking about using domestic capac- before this coming winter,” he said. ZF’s activities.

Turkmen Ambassador to Tehran Upbeat Joint nately, initial steps have been taken. With Gas projects with IDRO new structural changes, we hope Turk- men Gas initiates one project soon,” the it comes to joint gas projects. ambassador was quoted as saying in the The ambassador made the remarks meeting. Referring to the long-standing during a meeting with IDRO Chairman ties between Iran and Turkmenistan, the Dr. Moazami, where Qorbanov under- IDRO chairman, for his part, said, “Bi- scored that the chairman’s valuable ex- lateral cooperation benefits the both sides periences in the Iranian oil ministry can and can set the scene for cooperation with T urkmen Ambassador to Tehran Ah- contribute to the signing of joint gas all other countries, as well.” mad Qorbanov has expressed hope for projects between the sides. “We hope that the two sides clear the the expansion of bilateral ties between “The Turkmen government is interested obstacles to joint gas projects so as to his country and IDRO, particularly when in joint gas projects with Iran and fortu- prevent delays,” Dr. Mozami added. Prespective 4 No.29 November 2016

IDRO Chairman Depicts Prospect of Iran’s cubic meters per day which needs to be Oil, Gas, and Petrochem in Energy Summit increased to 200 million cubic meters per day) • Working on a diplomacy of energy and upgrading ties with regional coun- tries as well as OPEC members in a push to play a more central role in meet- ing energy meets, stabilizing global oil market, and earning fair revenues • Seeking to establish strong Explo- ration and Production oil companies through links with pioneering countries D r. Moazami, IDRO chairman and gas, and petrochemical sectors over the in the field of oil extraction to obtain deputy minister, has lured all interna- next four years (2017-2021), Dr. Moaza- modern technology and lure foreign in- tional companies active in the oil, gas, mi said the oil industry should play a more vestment to the oil, gas, and energy sec- and petrochemical sectors to the Iranian important role in the country’ energy sec- tors on the basis of a win-win framework market. tor on the basis of the ensuing pivots: • Turning into a regional financial, Dr. Moazami, former managing-direc- • Producing 4,750,000 bpd (from the monetary, investment, insurance, oil tor of the National Iranian Gas Compa- current 3.8 million bpd) and gas equipment hub ny, made the remarks during his speech • Producing one million gas conden- An important point is that Iran has at the ONS 2016 Energy Conference in sates per day (from the current 580,000 plans to attract nearly $180 billion foreign Norway’s Stavanger city. bpd) investment, the IDRO chairman said. Adopting sound and healthy economic • Producing 1300 million cubic meters measures has contributed to a much better of natural gas per day (from the current contd from p.1 economic performance, up from 0.8-per- 850,000,000 bpd) cent economic growth in 2012 to 4.2 per- IDRO Companies Eligible cent in 2015, according to Dr. Moazami. Moazami said that Iran’s for International Energy Moazami said that Iran’s new policies new policies will involve Ventures will involve the implementation of a 20- the implementation of year outlook for Iran’s oil industry which for research and technology affairs, the a 20-year outlook for has been compiled focusing on four piv- plan is in compliance with a bill ratified Iran’s oil industry. otal issues. by the administration, aiming to help “Based on the first axis before 2025, technological localization and owner- Iran, in terms of value, will be the big- • Building a refinery capacity equiva- ship. gest producer of petrochemical products lent to 3 million bpd (from the current Only were those companies included in the region. Secondly, by the end of 1,820,000 bpd) which had met technical requirements 2025, seven percent of the world’s oil • Reaching an annual capacity to pro- in exploration and production sectors. demand will be met by Iran. The third duce 120 million tons of petrochemical The companies, selected from axis has to do with gas exports depicted products (from the current nominal and among a pool of 37 applicants, include in such a way that Iran will have been real capacities of 70 and 55 million tons, Petropars Company, Mapna Group, the third largest gas producer in the respectively) Iran Energy Market Oil Industries’ En- world by the 2025, accounting for 8-10 • Focusing on building necessary in- gineering and Construction (OIEC), percent of the global gas trade as well as frastructures to develop the oil, gas, and Dana Energy Company, Petroiran gas derivatives. Under the fourth axis, petrochemical sectors in key regions of Development Company, Khatam-al Iran has been planned to be the first the country, particularly in islands and Anbiya Construction Headquarters country in connection with gas and oil the northern parts of the Persian Gulf (KAA), Industrial Projects Manage- technology,” Dr. Moazami was quoted • Working out plans for gas exports to ment of Iran (IPMI), an affiliate of Iran as saying in his address. neighboring countries through pipelines Development and Renovation Organi- Providing details on Iran’s policies and and to other countries through liquefied zation (IDRO), and Persia Oil and gas development projects to flourish the oil, natural gas (from the current 35 million Development Company. The Twenty-Ninth English Bulletin of Industrial Development and Renovation Organization of Iran (IDRO) 5 Saipa Strikes Deal with Citroen to Build Cars in Iran IDRO Says Drafting Plan to Introduce 500-World Class Managers

T he Iranian carmaker Saipa struck the two carmakers and the Industry Min- a deal with French counterpart Citroen istry has only played its policy-making to build cars in Iran. role: “the contract has taken care of all Participating in the signing cer- dimensions such as transfer of technol- emony were Iranian Industry Minister ogy, designing, engineering, and exports. D eputy Industry Minister Dr. Man- Mohammad Reza Nematzadeh, Saipa This is the second partnership between sour Moazami has announced that a CEO Mehdi Jamali, and Jean Chris- Iranian and French companies following plan is being drafted at IDRO with the tophe Quemar, member of the managing the implementation of the JCPOA and we aim of training and preparing 500-world board of the French automaker. hope this will continue in the long-term.” class managers to make the best use of The cooperation will be based on a The industry minister further stated, the post-sanctions opportunities. 50-50 framework, under which Saipa “the cooperation will lead to the produc- Over the past years, bulk of the and Citroen each will equally have three tion of new cars and we hope the first of investment in Iran has been channeled representatives in the managing board these will be available on the market in into hardware infrastructures and this is of the joint company. less than two years from now. Under the while any sort of investment in human “Today, a framework deal was struck agreement, Citroen and its Iranian part- resources bears fruit in the long-run, , between Saipa Group and Citroen, ner will introduce three models.” the IDRO chairman said, addressing a and the final contract will be inked in Talking about the joint financing of session held on the issue. two months,” said Industry Minister the project, the Saipa CEO remarked Nematzadeh, speaking to the press on that initial investment will be 300 mil- the sidelines of the session. According lion euros ($330 million), equally fund- to him, the deal is an agreement between ed by Saipa and Citroen.

IDRO Chairman Meets Croatian Ambassador: Joint Economic Commission key to Bilateral Ties

the two countries.Referring to excellent ties between Croatia and Iran in differ- The necessity to train industry man- ent historical periods and great, numer- agers, as a key component of capable ous untapped capacities, the Croatian human resources repertoire, is a high- ambassador called for more practical light in the IDRO charter. cooperation to boost relations. “The industry minister has commis- Dr. Moazami, for his part, under- sioned me to embark on the plan and scored the recent trip to Iran of the we strongly believe we have got what T he Croatian ambassador to Iran met Croatian president, saying for econom- it takes considering IDRO’s 50 years of Dr. Moazami, IDRO chairman as well ic and trade relations between the two experience,” said Dr. Moazami, adding as deputy industry minister, in Teh- countries to flourish, there is need for that the agenda boosts the underpin- ran, emphasizing the need for practical accelerating the process of establishing nings of human resources management steps to resume industrial ties between a joint state-run economic commission. knowledge in the country. Report 6 No.29 November 2016

contd from p.1 contd from p.1 Security and Stability Set Scene for Long-Term Investment: IDRO Chairman IDRO, Renault Sign Deal in Paris, Open New Chapter in brought in the country more revenues. Iran-France Ties “The has posed an economic growth of 4.4 percent for the first five months of the current year. Also, the World Bank and International Monetary Fund have forecast the Iranian economy to hit a growth of 5.3 percent in 2017, all testifying to the fact that our economy is performing well.” The factory is to roll out its first Symbol under the most crippling economic pres- He also was quite optimistic toward the and Duster models in 2018. Also, Renault sures in 2011 and felt the consequences future, saying talks have been held with will continue cooperation with its Iranian two years later, according to the IDRO world-class companies and MOUs have partners, Saipa and , within the chairman. been achieved, as well. framework of joint venture. However, two years after President On eyeing on any investment from Less than one year after the implemen- Rouhani took office and started nuclear Arab countries, the IDRO chairman ex- tation of the nuclear deal, the first auto- negotiations with world powers, efforts pressed readiness to cooperate with Arab motive deal was signed by Peugeot and bore fruit, he added. companies interested in the Iranian mar- Iran Khodro, and the second deal was “The sanctions had made it difficult ket, particularly in oil, gas, energy and signed by Citroen and Saipa. to introduce new technology and invest- transportation sectors. The deal will be finalized soon. Iran ment into the country. After the JCPOA and in a bid to encour- Khodro and Peugeot are expected to roll Moreover, we could not transfer our as- age foreign investment, Iran has offered out their joint product, named 2008 and sets into the country,” he was quoted as tax break schemes, facilitative laws and then they will manufacture 301 and 208 saying. But, now the situation is so differ- regulation, capital guarantee, etc. brands. Citroen and Saipa have agreed ent, Moazami stressed. Referring to IDRO’s approach in the to jointly produce the latest models of Reminding that after the sanctions more post-sanctions era, Dr. Moazami said Citroen at Saipa Kashan assembly line. than 800 foreign officials have travelled the organization will do its best to intro- Companies like Fiat, Volkswagen, and to Iran, including presidents and minis- duce its own capacities as well as other Benz have started talks with Iranian car- ters, the IDRO official said it takes time investment opportunities in Iran so as to makers. Renault had limited activities to to see tangibly the difference. Elsewhere attract investment. the production of higher quality cars of in his remarks, Moazami cited easy ac- A number of international media, in- Tondar and Tondar Pickup. But, they have cess to technology, double oil exports, cluding NHK, the Middle East, the Econ- come back with manufacturing two cars and increasing gas condensates exports omist, and Bloomberg, to name a few, jointly with , named Sandero as outcomes of the JCPOA which have were present in the press conference. Hatchback and Sandero Stepway.

IDRO in Talks with Italian Company to and Gostaresh Foulad will jointly Accelerate Development of Esfarayen Project participate in the project. Danieli Chairman and CEO Gianpietro development of the Esfarayen Industrial Benedetti, at the head of a delegation, Complex. participated in the talks with IDRO According to the report, the develop- Deputy Chairman Dr. Daliri. ment project includes increasing capac- The two sides exchanged views on a ity of the steel melting furnace from its wide range of issues, including: steel current 120,000 tons to 180,000 tons of bar straightening and peeling machines, steel, equipping the complex’s labora- the upgrading of continuous casting tory, as well as constructing machinery machines, and investment scenarios to I DRO and the Italian Danieli Group and thermal workshops. develop the Luleh Gostar of Esfarayen held talks in Tehran to explore the Three companies of INTECO, Danieli, (LGE). The Twenty-Ninth English Bulletin of Industrial Development and Renovation Organization of Iran (IDRO) 7

IDRO to Expand Industrial Ties with German Bavaria

ment, creating jobs and national • Paving the way for development of wealth, and increasing natural advanced technologies and supporting gas production top industries via modern technologies • Policy-making for the au- • Planning to identify investment and tomotive industry (particularly industrial development opportunities in when it comes to Iran Khodro and unprivileged areas of the country through Saipa) in order to increase pro- collaboration with legal and real inves- duction and make products more tors of the private sector and implement- A s an international brand, IDRO has cost-effective, promote technol- ing some joint plans made it a priority in the post-sanctions era ogy and quality, and finally, upgrade prod- • Renovating projects and old indus- to lay the ground for joint international ucts so as to enhance compatibility tries with the aim of making them more ventures, aiming at joint investment and • Benefitting from domestic capacities profitable and enhancing production ef- production, and technological exchange and experts and implementing appropri- ficiency, quality, and quantity at macro levels (mega projects). Accord- ate supportive and supervisory policies • Opening economic zones to: establish ingly, the German Bavarian state opened to promote the status of the ship-build- international ties, energize regional econ- an industry and economy office at IDRO. ing industry through managing Iran omy, and attract and encourage domestic Shipbuilding and Offshore Industries and foreign investment Complex Co. (ISOICO). • Training world-class managers for in- the German Bavarian state • Constructing infrastructural industries dustrial and development units, boosting opened an industry and as propellers for other industries, particu- a knowledge-based approach, and finally, economy office at IDRO. The decision was influenced larly those in the field of equipment manu- upgrading managers via an industrial by strong interest shown by facturing and machineries management plan. German companies to enter into industrial cooperation IDRO Commissioned to Finance and with Iran as well as unique Purchase 2000 Railroad Cars economic and industrial indexes of Bavaria.

The decision was influenced by strong interest shown by German companies to enter into industrial cooperation with Iran as well as unique economic and industrial indexes of Bavaria. Also, according to an action plan already agreed upon and pre- vious ties between IDRO and Germany, T he Iranian Interior Ministry has com- ect, Mr. Mofidi said the decision has been IDRO Chairman Dr. Moazami, at the head missioned IDRO to finance and purchase motivated by centralizing supply and of a delegation from IDRO department for 2000 railroad cars through an interna- forming production chains in the coun- industrial investment and representatives tional tender for financing purposes. try’s industrial sector. of some affiliate companies, took a three- Mr. Mofidi, IDRO manager for trans- The plan has highlighted investment, day visit to Munich, the capital city of portation industry development, made foreign finance, maximum use of domes- Bavaria state, at the formal request of the the remarks, saying that the tender al- tic potentialities, and technological owner- Bavarian Industry Association (VBW). lows for €2-billion foreign finance ship, according to the IDRO official. Also, As the conference unfolded, some key and all technical, economic, financial, under the plan, IDRO will guarantee the projects under consideration by IDRO were and other dimensions, including in- railroad cars, offers aftersales services, introduced to the participants, including: stallments, have been approved by the provides periodical trainings, all for two • Macro development projects at South Economy Council. decades. The cars will be purchased in Pars Gas Field with the goal of acceler- Reminding that the Economy Council five years and distributed among nine ating the country’s industrial develop- has missioned IDRO to handle the proj- metropolises of the country. License Holder: IDRO Graphic Designer:M.Farzad Managing Director: M.Moazami Print Manager: R.Farzad Vice Managing Director: M.Nazari Website:WWW.IDRO.ORG Editor in chief:Yousof Gh.Gharavi Administerative Affairs:R.Zavarikia Executive Coordinator:H.Golmohammadi

The Twenty-Ninth English Bulletin of Industrial Development and Renovation Organization of Iran (IDRO)

Foreign Investment Conditioned Upon Use of zone is an opportunity for the company to benefit from the facilities available in DomesticCapacity, Export Agenda: Nematzadeh the zone such as raw material, casting, etc.” The factory can also rely on the country’s advance electronic industry for its needs, Nematzadeh stressed, depicting a bright future In addition to production capacities, the factory can provide refineries in southern Iran with repair and maintenance services, according to Nematzadeh.

Iran’s Gas Extraction from South Pars Gas Field Increased

T he first smart control valves factory turing turbine generators in the country, came online in Shamsabad industrial the industry minister said the synergy led zone, meaning a less dependence on im- to the establishment of MAPNA Group, ports. Smart control valves are of use in one of the largest holdings active in man- the oil, gas, petrochemical sectors. ufacturing turbine generators in Iran . Participating in an opening ceremo- As an another instance of excellent ny held on this occasion were Industry cooperation between the ministries of oil Minister Mohammad Reza Nematzadeh, and industry, Nematzadeh cited Iranian IDRO Chairman Dr. Moazami, Deputy Offshore Engineering and Construction I ran Shipbuilding and Offshore Oil Minister Dr. Moqadam, the Italian Company, urging a continuous link in the Industries Complex Co (ISOICO), an ambassador to Iran, parliament mem- future. IDRO subsidiary, successfully installed ber Mrs. Jelodarzadeh, and a number of the platform 18B of the South Pars gas other officials with state- and private-run field. With the platform, supervised by companies. Nematzadeh cited Iranian ISOICO and built by Mobin Saze Gostar Offshore Engineering and Addressing the gathering, the industry Khalije Fars, on board, Iran’s daily gas Construction Company, extraction from the joint gas field with minister said the contract to establish the urging a continuous link in factory had been signed during President the future. Qatar will enhance. Rouhani’s visit to Italy. According to Hamid Rezaeian-Asl, the “We hope the factory develops into managing director of ISOICO, the 2,200- a national industrial unit in light of the “Foreign investment should be lured so ton platform has an extraction capacity of close cooperation between the ministries as to develop oil and gas fields and avoid 14 mcm daily. of oil and industry,” Nematzadeh high- exporting raw materials. It will enhance With other structures such as torch, lighted, adding, “Cooperation between employment, too.” bridge, and jacket taken into account, the the two industries can be very effective On the mission of the newly established platform weighs nearly 6,650 tons. in building a robust industry.” manufacturing unit, Nematzadeh said it “Now the know-how has been indi- Referring to an effort made by the two should meet not only domestic needs but genized in the country,” Rezaeian-Asl ministries to coordinate and centralize also keep an eye on international markets. said, referring to domestic capacities to activities in connection with manufac- “Being located in Shamsabad industrial build oil and gas platforms from A to Z.