Turkmenistan playing host to Iranian knowledge-based companies

November 18, 2023 - 15:27

TEHRAN – An exhibition of Iranian knowledge-based products, called the 'Iran Project', is being held in Ashgabat, Turkmenistan, from November 17 to 19.

The pavilion of knowledge-based companies is supported by the Center of International Science and Technology Cooperation (CISTC).

Over 90 companies from Iran take part in the specialized exhibition to showcase their capabilities in the three-day event.

The opening ceremony of the exhibition, on Friday, was attended by Turkmenistan’s Deputy Chairman of the Cabinet of Ministers and Foreign Minister, Rashid Meredov.

The purpose of holding the Iran Project exhibition, which is known as one of the major trade and exhibition events in the region in the last decade, is to present products and services of specialized companies operating in the fields of technical and engineering services, construction, buildings, bridges, road construction, and oil, gas, petrochemical, water, electricity, and energy sector.

The exhibition features "Construction industry", "Construction materials", "Technical and engineering services", "Road construction", "Dam and tunnel construction", "Hospital and school construction", "Equipment for oil, gas, and petrochemical industries", "Water, electricity, detergents, and sanitation industries", "Insurance, banking, and stock exchange", "Construction tools and machinery", "Chemical paints", "Tiles and ceramics", "Metal industries", " Smart door openers", "Steel", "Wood" ", "Furniture", "Mining", "Cement", and "Car manufacturing".

Iran-Turkmenistan partnership

The president of Turkmenistan has emphasized the need for increasing bilateral trade, creating new forms of interaction, and implementing joint projects in common fields with Iran.

Sending a message to the participants of the Iran Project exhibition, Serdar Berdimuhamedow pointed out the prospects that open up in partnership with Iran, especially in the field of cooperation in the "Kazakhstan-Turkmenistan-Iran" railway line.

In this message, Berdimuhamedow stressed: “Holding the joint committee meeting in Ashgabat will play an important role in increasing future cooperation.”

Knowledge-based companies

The total number of knowledge-based companies in the country reached 8,368 companies in the past Iranian calendar year (ended March 20), showing a 90 percent growth year on year.

"Biotechnology, agriculture, and food industries", "high-tech pharmaceuticals and products for diagnosis and treatment", "advanced materials and products based on chemical technologies", "advanced machinery and equipment", "devices, and medical equipment ", "electricity and electronics", telecommunication", "information technology and computer software", are the fields of activity of the country's knowledge-based companies.

In line with the law enforced on May 24, 2022, knowledge-based production is a priority of the government so the plan for promoting knowledge-based products has progressed well so far.

Leader of the Islamic Revolution Ayatollah Ali Khamenei has emphasized the importance of boosting domestic production, saying the reason he placed so much emphasis on production was “because it boosts economic growth, it creates employment, it reduces inflation, it increases per capita income and it improves public welfare.”

To this end, the Vice Presidency for Science and Technology has executed and supported several projects toward the goal of boosting knowledge-based production.

Exporting technological products of Iranian knowledge-based companies is one of the important and key programs of the Vice Presidency for Science and Technology, and in this regard over the past years, with the support of the Vice Presidency for Science and Technology, the Iranian houses of innovation have been set up in several countries to develop the global market for knowledge-based products.

These centers have already been set up in countries such as Russia, Turkey, China, Syria, Kenya, Armenia, Iraq, and Uzbekistan.

The centers are mainly formed with the investment and support of the private sector to provide the necessary infrastructure for their exports through innovation houses.

By supporting innovative ideas, and holding technological and innovative events, the centers will be a platform for the development and promotion of Iranian knowledge-based companies, startups, and creative industries.

In February, President Ebrahim Raisi said science and technology are the cornerstones of national development.

The chain of knowledge, research, innovation, and technology ensures sustainable development in the country, he added.

MT/ MG