Iranian high tech companies target Africa at Istanbul Expo Center

Iranian high tech companies will attend the Export Gateway to Africa exhibition in Turkey to facilitate access to the African market.

The exhibition will take place at the Istanbul Expo Center on December 17-19, with the aim of creating a wide trade network extending to Africa.

Companies active in the fields of "oil, gas, petrochemical, polymer and plastic", "agricultural products, machinery, beverages, food and packaging", "medical equipment, health and medicine", "technical and engineering services", "machinery industries and equipment", "transportation and logistics", "building and construction materials", "tourism", "information technology, telecommunications, electricity, electronics and smart city", "mining industries", and "textiles, clothing, bags, and shoes" can display their products in the expo.

This exhibition provides the opportunity to meet the world's leading brands and suppliers, research, trade, discover innovations, and benefit from the experience of leading decision makers in various industries to the Iranian firms, ISNA reported on Saturday.

High tech companies and creative startups have grown over the past five years, and Iran has risen 45 places in the Global Innovation Index, according to the UNESCO 2021 Report.

Strengthening knowledge-based companies on agenda

Iran’s Supreme Leader, Ayatollah Seyyed Ali Khamenei, designated the current Iranian year (March 2022-March 2023) as “The Year of Production: Knowledge-Based and Job-Creating”.

Over 7,000 high tech companies have so far been registered and started operations.

The fields of biotechnology, agriculture, food industries, chemical technologies aircraft maintenance, steel, gas, pharmaceuticals, medical equipment and medicine, oil, electronics and telecommunications, information technology, and computer software are among the sectors in which researchers in technology companies are working.

Today, the country's knowledge-based ecosystem accounts for more than 3 percent of the GDP. And the figure is projected to reach 5 percent, however, the main goal is to step toward a 10 percent share in GDP, the former vice president for science and technology Sourena Sattari said in February.

The share of knowledge-based companies in the country's economy stands at about $34 billion, and since 2019, it has experienced a growth of more than 450 percent, he stated.

Tehran Times

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