Investing 300 million Euros by a Greek company in Kermanshah Refinery Developing this Site is the Main Priority of the Heads of the Province

“Kermanshah Oil Refining Co. is one of the oldest and the most important industries in the province that its continuity and further development is of great importance for senior managers of the province and people.”, Mr. Reza Rahimi announced in a joint meeting of a Greek investment board and the director of Kermanshah Refinery and its new investor
He added, “The producing process of Kermanshah Refinery has still been done as the last decades that it might be uneconomic”
“ based on the agreement resulted between the new investor of Kermanshah Refinery Co. and a group of Greek investors, this foreign investor will invest 300 million Euros in Kermanshah Refinery Co. that can lead this site to be quite adjusted.”, the Deputy of Economic and Resource Development of Kermanshah Governor, Mr. Khosravi said
He added, “ the new investor of this complex is one of the best entrepreneurs of the province and the country that can develop the activities of Kermanshah Refinery in different sections”
This chief economic manager stated, “according to the agreement signed between the new investor of Kermanshah Refinery and the Greek board, they is ready to invest 300 million Euros in Kermanshah Refinery leading to development and the transformation of new technologies into the province”
At the end, he said that high volume of investment could completely reconstruct the Kermanshah Refinery