TEHRAN - First Vice President Eshaq Jahangiri said on Tuesday establishment of macro industrial units is one of the needs of the country.

Jahangiri made the remarks in the opening ceremony of the Lorestan Petrochemistry, a plant located in the western Lorestan province, according to IRNA.

“Although small and medium-sized enterprises can overcome the unemployment challenge and we need to boost such units, this should not be taken to mean being inattentive to large plans,” Jahangiri stressed.

Pointing to petrochemical projects as instances of macro industrial entities, the vice president said investment in macro plans will never stop being part of the government’s agenda.

Such plans have the distinction of feeding small and medium-sized businesses, he remarked.

The petrochemistry sector, Jahangiri added, can attract foreign resources as well as repay loans from its revenues.

Elsewhere in his remarks, Jahangiri noted the government throws its weight behind the private sector, seeing it as an “honor.”

At the end of his remarks, Jahangiri referred to capacities of Lorestan, saying, “Water, soil, and educated, industrious human resources can turn the province into an advanced one.”

AK/PA