Iranian VP Stresses Support for Domestic Knowledge-Based Companies

Iranian knowledge-based companies should be able to have an active presence in foreign markets, Jahangiri said in a speech on Sunday.

“Supporting knowledge-based companies and science and technology parks has been considered in both the next year’s budget (bill) and general policies,” he said, adding that five scientific and technological corridors have been set up in five provinces of the country.

The first vice-president further called on the government organizations in charge of knowledge-based companies’ affairs to develop mechanisms and laws necessary to support knowledge-based companies and facilitate their activities.

After opening a specialized pharmaceutical plant in Tehran back in March, Iranian President Hassan Rouhani assured the private sector of his administration’s support for knowledge-based projects and research activities contributing to national production.

“The administration will seriously support the whole private sectors in the field of production, particularly those doing knowledge-based activities and the activities on the basis of knowledge and research,” Rouhani said on March 21, the first day of the current Iranian year.

Hailing the specialized center for meeting the international standards, the president said the fact that Iranian pharmaceuticals are being exported to the other countries indicates that such industry is in the correct competitive path.

It is a source of pride to Iran to possess a specialized center that is among the world’s top producers of medicine, he added, asking all Iranian investors and entrepreneurs, inside and outside the country, to contribute to national production and progress in the new Iranian year with their capital, knowledge and expertise.

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