Iran’s technical-engineering exports hit $604m

Iran exported 604 million dollars worth of technical and engineering services in the first four months of the current Iranian calendar year (ended July 22). Belarus, Tajikistan, Azerbaijan and Pakistan were the major destinations for Iranian technical and engineering service, IRNA reported. Iran mainly carries out road building, construction, and power projects overseas. According to Iran’s Deputy Industries and Mines Minister, Ahmad Khadem-ol Mellah, 66 Iranian industry and mines related companies are carrying out projects in 27 countries. According to the official more than 125 industrial and mining projects, worth some $3.5 billion, are in the hands of Iranian contractors around the world. He pointed out that most of the operating firms belong to the private sector. Iran aims at exporting $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 dollars in the previous year, showing 7 percent increase compared to the preceding year’s figure of 3.083 billion dollars.