Iranian house of innovation to open in Armenia

YEREVAN, June 1, /ARKA/. An Iranian House of Innovation and Technology (IHIT) is to be established in Armenia with the aim of developing the export of Iranian knowledge-based products, The Tehran Times reported.

It said over the few past years, with the support of the Vice Presidency for Science and Technology, Iranian houses of innovation have been set up in several countries to develop the global market for knowledge-based products.

These centers have already been set up in countries such as Russia, Turkey, China, Syria, and Kenya, and Iraq will soon join them.

By supporting innovative ideas, and holding technological and innovative events, the centers will be a platform for the development and promotion of Iranian knowledge-based companies, startups, and creative industries. 

The centers are mainly formed with the investment and support of the private sector to provide the necessary infrastructure for their exports through the innovation houses.

Mehdi Ghalehnoei, an official with the vice presidency for science and technology, said in February that last year, knowledge-based companies gained about $800 million in revenue from export, and next year (March 21), it seems to reach up to $2 billion.

Africa, neighboring countries, Southeast Asia and Eurasia are our export target priorities, and we hope to create Iranian innovation and technology in all these areas, he added. -0-