Sci & Tech
0

Iranian Tech Firms Earn $800m in 2019-20

State officials expect the year-on-year income to jump with the sudden outbreak of the coronavirus in the country late last year, as the technology ecosystem has boosted the production of health and medical products to ward off the virus
Iranian Tech Firms Earn $800m in 2019-20Iranian Tech Firms Earn $800m in 2019-20

The revenue of Iranian tech firms and knowledge-based companies exceeded 130 trillion rials ($802.4 million) in the last Iranian year (ended March 19, 2020), the dean of Amir Kabir University of Technology said.
Ahmad Motamedi reported the figure on Monday, during a videoconference with President Hassan Rouhani, Vice President for Science and Technology Sorena Sattari, Science Minister Mansour Gholami and directors of tech parks, Peivast.com reported.
State officials expect the year-on-year income to jump with the sudden outbreak of the novel coronavirus disease late last year, as the technology ecosystem has boosted the production of health and medical products to ward off the virus. 
President Rouhani acknowledged the non-stop endeavors of knowledge-based companies and said the ability to address domestic demands, expand health and medicinal exports during the spread of COVID-19, promote self-sufficiency and develop knowledge-based economy reflects the scientific capacities of tech units.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com