Iran seeking $25b foreign investment in telecoms: ICT minister
Iran's Minister of Information and Communications Technology (ICT), Sattar Hashemi, during a meeting with his Malaysian counterpart in Tokyo, emphasized his country's readiness to attract foreign investment in the high-tech sector up to $20 to $25 billion.
Hashemi held talks with his Malaysian counterpart, Ahmad Fahmi bin Mohamed Fadzil, on the sidelines of the Asia-Pacific Telecommunity (APT) Ministerial Meeting in Tokyo. The session was held to explore bilateral cooperation capacities in the field of communications and information technology, as reported by IRNA.
The two sides emphasized the development of bilateral technological cooperation, including in the fields of cybersecurity, smart government, artificial intelligence, and space telecommunications, and announced their readiness to sign a Memorandum of Understanding (MoU) and undertake joint investment.
Hashemi also called for expanded cooperation in the fields of cybersecurity, smart government, artificial intelligence, fixed communication services, and space technology. He further invited his Malaysian counterpart for an official visit to Tehran.
Expressing satisfaction with the expansion of interactions with Malaysia in the field of communications and information technology and underscoring the shared technological commonalities between the two countries, the Iranian minister announced the readiness of the Islamic Republic to sign a cooperation memo with Malaysia.