1129 GMT May 26, 2019
Companies from Germany, the UK, India, China, the US, Italy, Singapore, Hungary and France are taking part in the exhibition which is organized by Iran Small Industries and Industrial Parks Organization in cooperation with Iran's Innovation and Prosperity Fund and several guild and industrial unions.
Masoud Mostofi, the event's manager, told IRNA that the abundant capacity of Iran's petrochemical industries has helped develop chemical manufacturing units operating in various fields nationwide.
He said based on the figures released by the Industry, Mine and Trade Ministry, 322 investment priorities have been determined for the country in 17 industrial fields.
He noted that chemical industries, with 29 investment opportunities, ranked third among the investment priorities of the country.
"Based on a report released by the Statistical Center of Iran, about 10 percent of the jobs created in the industrial sector pertain to chemical industries," he said.
Mostofi said Iran exports close to $2 billion worth of chemical products annually.
He added that Iran is considered to be in possession of one of the world's largest laboratory networks, pointing out that more than 145 calibration laboratories, 2,450 labs cooperating with Institute of Standards and Industrial Research of Iran, 5,000 clinical labs, 120 environmental labs, 280 nanotechnology labs, 300 labs cooperating with Iran Food and Drug Administration and 480 labs which are the members of Iran's National Laboratory Network are operating across the nation.
Referring to the present economic condition of the country, Mostofi pointed out that the exhibition will provide a suitable opportunity for introducing Iranian products and services, increasing sales of industrial goods, establishing link with current and future customers and identifying their main requirements and compiling information about the market.
In a bid to boost relations between industrial sector and universities, several research centers active in the field of chemical development have been invited to participate in the Second CLI Expo which will continue until December 8, he concluded.