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Iran to Open 4 New Innovation Factories

2019-12-01 10:49:38
Iran’s Vice President for Science and Technology Sorena Sattari has unveiled plans for the establishment of four new innovation factories across the country.

In an interview with Fars, Sattari said his office is pursuing programs to open and support more innovation factories and centers in various provinces.

The vice president said four innovation factories and complexes are going to open in the provinces of Kerman, Fars, Ardabil and Khorasan Razavi, noting that they would be built in the derelict sites and unused constructions.

The innovation factory of the Kerman Province covers an area of more than 30,000 square meters and will be inaugurated in the near future, he added.

The start-ups and knowledge-based companies will have the opportunity to set up new businesses in the factories and pave the way for a big rise in the development of technology in the country, Sattari said.

The vice president also pledged that the Iranian administration will support the private sector companies that make investment in the innovation centers, saying such help includes bank loans and plans to ease the process of granting the necessary licenses.

Under a long-term strategy, Iran will be opening 8 innovation factories.