TEHRAN - Iran’s export of technical and engineering services exceeded $200 million in the first four months of the current Iranian calendar year (March 20-July 21) from the same period of time in the previous year, an official with the Trade Promotion Organization (TPO) announced.

Mohammadreza Karimzadeh, the director-general of TPO’s Knowledge-Based Products and Technical and Engineering Services Office, said the exports of the mentioned services increased by 18 percent compared to the previous year’s same period.

According to the official, the implemented projects in other countries were in various fields including oil and gas, energy transmission lines, information and communication technology as well as water and sewage projects.

Back in April, the chairman of the Board of Directors of the Iran Water Industry Federation said the country exported $1.8 billion worth of technical and engineering services over the past two years.

Stressing the importance of exporting technical and engineering services, Reza Haj Karim said giant steps have been taken in the administration of late President Ebrahim Raisi in the field as compared to the previous years.

Domestic knowledge-based companies have a high potential to export technical and engineering services and can do even better with due support from the government, he underscored.

Haj Karim further noted that Sri Lanka, Indonesia, and East Asian countries are among those whose economic growth is higher than the world average so this Asian market can be a lucrative market for Iranian domestic companies.

As a leading country in the water and electricity industry, Iran stands in the first rank in the region in the export of technical and engineering services in this industry, and this shows the high technical and engineering knowledge and ability of Iranian specialists and companies.

Thanks to the efforts of the country's specialists in the years after the victory of the Islamic Revolution, Iran is now among the top five power plant turbine manufacturing countries in the world.

EF/MA