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Establishing Petrochemical unit in Maku free zone will offer 10000 new job vacancies

Establishing Petrochemical unit in Maku free zone will offer 10000 new job vacancies

Establishing Petrochemical unit in Maku free zone will offer 10000 new job vacancies

 

According to Maku free zone quoting from Tasnim news , CEO of Maku free zone declared that establishing a petrochemical unit in Maku free zone has been finalized and by commissioning it 10,000 new job vacancies will be created.

In an interview with Tasnim news , Hossein Foroozan said: Petrochemical project in Maku free zone is finalized and in this regard we have reached final agreements with a few companies. The initial investment in the first phase is 500 million up to 3 billion dollars.

Foroozan stated: Exported water and gas to Turkey are raw materials for this project and in the first phase 100 hectares will be allocated to it and another one hundred for in the next phases.

Managing Director of Maku free zone, referring to the production capacity of petrochemical unit, said: About one million and 800 thousand tons of methanol is produced annually and 7,000,000 tons of methanol will be converted to Olefin. Regarding the water abundance, if used properly, lots of job vacancies can be created.

By stating that utilizing this petrochemical unit can create related industries, lead to economic development of the zone and employment opportunities, Foroozan added: Establishing Petrochemical unit in Maku free zone will offer 10000 new job vacancies.

 

 

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