TEHRAN –The Innovation and Prosperity Fund will support knowledge-based delegations to set up their pavilions at the Chinano Conference and Expo, and the Uzstory Expo in China and Uzbekistan respectively.

The knowledge-based firms will display their capabilities and latest achievements in the nanotechnology field at Chinano 2024 which will be held from October 23 to 25 in Suzhou, China.

Chinano 2024 consists of four parts, summits (keynote speeches, specific technology discussion sessions, and application forums), exhibitions, competitions, and product launching conferences.

It focuses mainly on micro-nano manufacturing, advanced semiconductors, flexible printed electronics, nano-imprint lithography, inkjet printing, nano health, and other aspects within the nanotechnology field, dedicating itself to building an international nanotech industry exchange and collaboration platform for enterprise display, product promotion, capital cooperation, technology matchmaking and exchange. 

The 13th International Exhibition "UzStroyExpo2024" is scheduled to take place from October 29 to 31. 

UzStory Expo will showcase construction and finishing materials, construction machinery and equipment, as well as heating, ventilation, water supply, woodworking, and interior innovations.

Chinese envoy praises Iran's advancement

On September 18, the Chinese ambassador to Tehran said Iran is a leading country in different fields of technology with significant achievements in certain fields such as nanotechnology.

Cong Peiwu along with some other Chinese officials paid a visit to Tehran’s Pardis Technology Park to get familiar with the technology and innovation ecosystem of the center as well as the companies’ achievements in the field, IRNA reported.

Attending a meeting, the officials exchanged views and explored ways to boost technological ties.

“Some countries become upset with the technological advancement of other nations. They want to hold a monopoly on technology,” the Chinese envoy stressed.

To face these challenges, developing countries need to cooperate closely in all fields, particularly technology, Peiwu added. 

Notable growth in knowledge-based companies

The significant and fast-paced growth in the number of knowledge-based companies with over 200 percent increase in their number just over the past year (March 2023 – March 2024), shows the solid foundation, dynamism, and growth of the country in innovation and technology and the productive atmosphere which have been made available in line with the goal of boosting domestic production with public participation.

The current administration underscores the quantitative and qualitative development of knowledge-based companies. The number of companies, which was around 5,000 before the current administration took office in August 2021, has now reached 10,000 with a total value of two billion dollars.

MT/MG