Iran to Hold Internationalization Camp for Knowledge-Based Companies

The event, which aims to empower companies to enter the global markets, provides a special opportunity for business development and increased exports.

The Internationalization Camp for Knowledge-Based, Creative Companies will be held at the Hamedan Science and Technology Park on Thursday, August 28, at 9:00 -18:00.

The event will include key topics like introduction of support tools of the Organization for the Development of International Scientific and Technological Cooperation, marketing training workshops and international market analysis by using the World Trade Center tools, exports training from origin to destination, and exports consulting sessions.

An Iranian official had announced in May that the volume of exports of knowledge-based products had reached 500 million dollars while the total volume of exports of knowledge-based companies stands at 2.5 billion dollars.

“There are over 10,100 active knowledge-based companies in Iran, many of which have a history of exports. These companies have produced over 17,000 knowledge-based products and employed nearly half a million specialists at various levels,” said Deputy Director for Development of Knowledge-Based Companies Department at the Iranian Vice-Presidency for Science, Technology and Knowledge-Based Economy Touraj Amrayee.

“Nearly 600 companies in Iran's technology ecosystem have a history of foreign trade, and the volume of exports of knowledge-based products has reached half a billion dollars and the total volume of exports of knowledge-based companies has reached about 2.5 billion dollars,” he added.

“The total revenue of knowledge-based companies last year exceeded 18 billion dollars, and 109 knowledge-based companies are also listed on the Iranian Stock Exchange with a revenue of 7 billion dollars,” Amrayee said.

Amrayee had also announced in March that the knowledge-based firms will have a 7% share of the country’s gross domestic product (GDP) by 2028.

“The share of knowledge-based companies in Iran’s GDP will hit seven percent by 2028,” he said.

The official added that the current share of the knowledge-based companies in Iran’s GDP is nearly 2%, noting that therefore, it is necessary to increase sales and exports volumes of domestic knowledge-based products.

Amrayee stated that at present, the country exports $500 million worth of knowledge-based products overseas.

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