Iran’s engineering exports up 46 percent

TEHRAN,Feb.21(MNA)--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. The Deputy Director of the Trade Promotion Organization of Iran (TPOI) Kiyumars Fathollah Kermanshahi said that 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 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.