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Feb 21 2012

Iran's engineering exports up 46 percent

Iran exported over $4 billion worth of technical and engineering services in the first 11 months of the current calendar year (ends on February 19), marking a 46 percent increase on figures for the same period last year.

According to an IRNA news agency report quoting the Deputy Director of the Trade Promotion Organization of Iran (TPOI) Kiyumars Fathollah Kermanshahi, the exported services are predominantly in the hydroelectric, power and transmission sectors.

Another TPOI official said in December 2011 that a couple of technical and engineering projects have been signed off to be rolled out this year in the fields of energy, industry and housing in Ghana, Sudan, Oman, Pakistan, Azerbaijan and Tajikistan.

Sohrab Salimi told IRNA news agency that more than 125 industrial and mining projects, worth some $3.5 billion, are in the hands of Iranian contractors around the world.

Iran aims to export $4.5 billion worth of technical and engineering services in the current calendar year.

Iran's technical and engineering services exports reached $3.301 billion in the previous year, marking a 7 percent increase compared to the preceding year's figure of $3.083 billion.

© Tehran Times 2012

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