Official: Iran Indigenizes 54 Strategic Products
Touraj Amrayee underlined the activities of over 10,000 knowledge-based companies in the country, saying that the income of these companies constitutes 28 percent of the gross national product.
He also said that the Iranian oil ministry has taken a leading role in implementing the law to boost tech-based production.
Amrayee added that among the first-time production projects, the largest initiative, valued at $26 million, is associated with the Iranian Offshore Oil Company, noting that these efforts show the oil ministry’s leadership in indigenizing the strategic technologies.
He stated that the oil ministry has allocated over $321 million out of a total $455 million in waived formalities contracts, adding that 56 contracts worth of $40 million have been completed by the ministry.
An Iranian official said in December that the products made by the Iranian knowledge-based companies accounted for 5% of the country’s exports share in the past Persian calendar year (ended on March 19).
Head of the Trade Promotion Organization of Iran Mohammad Ali Dehqan Dehnavi made the remarks, saying that the products exported by the knowledge-based companies made up of 2.6 percent and 5 percent of the country’s exports share in weight and value, respectively compared to a year earlier.
He added that the exports of non-oil commodities, especially exports relying upon the knowledge-based economy, play an important role in the country’s economic security and development.
In contrast, dependency of exports and economy on the oil sales, semi-finished materials is one of the weak points of the country especially during the sanctions period and international restrictions, Dehqan Dehnavi underlined.
Undoubtedly, at present, the knowledge-based and technological companies are considered as one of the leading components in spurring export of the country, he said.
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