IranTechnology

Iran’s Export of Technical Engineering Services Exceeds $20bln

A1127266 (1) The value of Iran’s exports of technical and engineering services has exceeded $20bln in a 10-year period, and the country plans to $4.5bln worth of technical and engineering services by the end of current Iranian year (ends March 20), a new report said.

According to a report by Iran’s Trade Promotion Organization (TPO), the value of Iran’s technical and engineering services exports is slated to hit $4.5bln by March 20.

Earlier this month, an Iranian economic official expressed pleasure in the eye-catching growth in Iran’s non-oil exports, and said that the volume of the country’s non-oil exports is slated to surpass $50bln by the end of the current Iranian year.

“A total of 2,000 export agencies do export work in the country and by the yearend the (non-oil) export will exceed $50bln,” Head of the Exports Commission of the Iranian Chamber of Commerce, Industries, Mines and Agriculture Asadollah Asgaroladi.

In October, an informed trade ministry official said that Iran exported engineering services and products to 17 countries from March 20 to September 21.

Head of TPO Hamid Safdel said that $1.8 billion worth of engineering contracts and agreements including 28 projects have been signed by Iranian companies in 17 countries in the first six months of the current Iranian year.

Safdel referred to the export of 37 million tons of engineering commodities, and added that over $21 million of such products were exported in the mentioned six months.

Earlier, Deputy Head of TPO for Trade Assistance Kioumars Fathollah Kemanshahi had announced that Iran’s exports of technical and engineering services to the other countries in 2009 have surpassed $3bln worth in value despite the ongoing global economic recession.

“During 1387 (March 2008 to March 2009) a total number of 81 projects with a (total) value of $2.5bln have been concluded and the average value for each project stood at $31mln, while the number of projects concluded during the last year (2009-2010) reached 58 with an average value of 48mln (for each project),” Kemanshahi said in 2010.

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