DIRECTOR ALEX LAMADRID AND PHILIPPINE CHARGE

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                    [ArticleID] => 313108
                    [Title] => RP welcomes Iran‘s $100-M investment in petrochem sector
                    [Summary] => The Philippines welcomed yesterday the first major investment of Iran, a joint venture worth $100 million in the petrochemicals sector, as the government expressed optimism that Tehran will also invest in shipbuilding and ship repair in Mindanao, the Department of Foreign Affairs (DFA) said.


The $100-million petrochemicals joint venture agreement was signed recently and witnessed by Iran’s Deputy Petroleum Minister Gholamreza Nematzadeh during his visit in Manila.


                    [DatePublished] => 2005-12-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804865
                    [AuthorName] => Pia Lee-Brago
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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RP welcomes Iran‘s $100-M investment in petrochem sector

By Pia Lee-Brago | December 21, 2005 - 12:00am

The Philippines welcomed yesterday the first major investment of Iran, a joint venture worth $100 million in the petrochemicals sector, as the government expressed optimism that Tehran will also invest in shipbuilding...

Business