Ali Sadeghi, CEO of the Cultural Heritage Reserve Fund Institution, announced the launch of the first phase of the integrated online trading system in the Fund, centered on Petrofarhang, as one of the strategic actions for promoting transparency and economic dynamism.
According to the Public Relations and Brand Development of Petrofarhang Holding, on Monday, Tir 30, 1404, the CEO stated that implementing high-level documents emphasizing transparency is a government priority. One of the strategic measures was launching an online trading system to ensure centralized oversight and management of transactions among subsidiary companies. For the first time in 30 years, this system was launched with the efforts of Petrofarhang Holding to create a competitive environment for contractors, knowledge-based units, and capable local companies. This would help implement a healthy business space, reduce execution costs as much as possible, and improve work quality.
Sadeghi said: From now on, all tenders, purchases, equipment and parts supply, and sales within Petrofarhang subsidiaries will be carried out through this system. A comprehensive and efficient database will be formed behind it, which will significantly reduce operational and financial risks in future projects.
He added: In the next phase, all subsidiary companies of the institution will be connected to this system to increase transparency, reduce cost and time, and eliminate parallel processes.
The CEO concluded: From now on, all companies active in engineering, construction, equipment and parts supply, and petrochemical services wishing to collaborate with Petrofarhang and its affiliated companies must register and complete their documents only via the portal: http://vendors.petrofarhang.com