TEHRAN – Iranian knowledge-based companies have created job opportunities for 140,000 applicants until the end of the Iranian calendar year 1397 (March 20, 2019), an official with the vice presidency for science and technology announced, IRNA reported on Wednesday.

Seyyed Mohammad Sahebkar Khorasani said that the knowledge-based companies focused on the job creation for young generation.

“125,000 individuals were employed in knowledge-based manufacturing companies and the rest were attracted to emerging knowledge-based firms,” he said.

Over 4,200 knowledge-based companies are now active in Iran, of which 2,400 are manufacturing firms, he added.

In mid-April, the vice president for science and technology Sourena Sattari announced that the number of knowledge-based companies were 3,000 ones during the Iranian calendar year 1395 (March 2016-March 2017), it increased to 3,338 ones during the Iranian calendar year 1396 (March 2017-March 2018).

Knowledge-based companies exported $450 million of products in the previous Iranian calendar year 1397, which ended on March 20, he announced.

Sattari said that the knowledge-based companies sold 900 trillion rials (about $21 billion) of products during the past year.

This is while the figure was 600 trillion rials (about $14 billion) during the Iranian calendar year 1396 (March 2017-March 2018).

SB/MQ/MG