Copy in clipboard...
Technical, engineering exports soar 140% to $3b: TPO
Amir Roshanbakhsh, deputy at the Trade Promotion Organization (TPO), said Iran had recorded about $790 million in technical and engineering services exports and roughly $400 million in other service exports in the year earlier (starting March 21, 2024), but the figure surged last year with a focus on development programs.
He said exports included $1.8 billion in technical and engineering services and $1.2 billion in other services. Despite the sharp increase, Roshanbakhsh said assessments showed exports in the sector still lagged behind the country’s capacities.
He added that with greater focus and planning, Iran could target $5 billion in technical and engineering services exports.
"We are trying to enhance the value and credibility of technical and engineering services exports through revitalization efforts, as this sector does not face the same export constraints as other sectors, such as entry and exit points, and can generate significant foreign exchange earnings and employment for the country," he said.