Aeronautical Capabilities Reviewed
Economy, Domestic Economy

Aeronautical Capabilities Reviewed

The capabilities of the country’s domestic aviation and space industries were discussed by members of Iran’s Chamber of Commerce, Industries, Mines and aeronautical officials on Saturday, ISNA reports.
The chamber’s commission hopes to improve and empower the private sector in relation to Iran’s aeronautical sector, Hooman Hajipoor, a chamber official said.
Hajipoor congratulated the aviation sector’s upward trend in recent years. “It is comforting that the domestic aviation industry is specialized enough to manufacture and export its products,” he stated.
The private sector is highly capable of producing and exporting services and products, and the sector needs the governments’ support, the head of Iran Aviation and Space Industries Association, Amin Salari said. “Fortunately, the export balance of aeronautics industries is going to be positive in the near future and the export volume increases about 35 percent per year,” he said. “The sector has already employed 10 thousand university graduates, which is quite remarkable.”
Iran’s aviation industry has been faced with a lot of challenges in the recent years due to sanctions on the industry, causing problems in the procurement process; however, the country is increasingly optimistic about the outlook of the aviation industry in the near future after removal of the sanctions, which would provide room for it to expand its activities, he continued.
As Salari announced, the private sector will present its latest achievements in the National Aerospace Exhibition which will be held in Tehran’s Mehrabad Airport from October 21 to 24.


Short URL : http://goo.gl/sxPWvd

You can also read ...

Asian and European economic support for Iran offers the potential to improve existing alternative international trade links and develop new links.
While American President Donald Trump has withdrawn from the...
Uber Chief Product Officer to Leave
Uber Technologies Chief Product Officer Jeff Holden is leaving...
Tesla Model 3
Elon Musk’s Model 3, once touted as Tesla’s $35,000 car for...
The number of foreign students enrolled in Iranian universities increased by 19% in the last Iranian year (ended March 20, 2018) compared to the year before.
Currently, some 55,000 foreign students are studying in...
US Blacklisting of CBI Chief Flouts International Norms
The Central Bank of Iran on Sunday officially condemned the...
Iranians’ per capita honey consumption is 1 kilogram per year, while it is around 200 grams in other countries.
Iran has made noticeable progress in honey production, as it...
1st USD Rate Hike After Unification
For the first time after the government decided to unify the...
HSA is aimed at promoting homeownership among young couples.
The idea of tapping into the reserves of the National...