Iran’s Technical-engineering services shipment surges after ...| MENAFN.COM

Friday, 03 February 2023 02:16 GMT

Iran’s Technical-engineering services shipment surges after 10 years of decline


(MENAFN) Nearly 30 years ago, with the surge in the nation’s engineering volume in comparison of the local goods, the administration came to believe that there need to be shipments in sectors including roads, buildings, power plants, as well as dams construction, and water transmission lines, oil, gas, on top of refinery ventures, and even consider incentives for it.

This importance raised the idea for the administration to prepare a yearly shipment volume of USD25 billion for technical and engineering sectors, a volume that, as well as the improvement of the commodity sector, might establish employments, surge financial expansion, and develop the exchange balance for the nation.

According to this, the yearly surge of almost 40 percent in the shipment of technical and engineering services, which was stated to be a valuable substitute for oil revenues, began by the end of Iranian 1980s (two decades ago) with the backing of supports and incentives, and even in the Iranian calendar year 1390 (March 2011-2012), a peak of USD4.118 billion a year was reached, and technical, engineering services were shipped to 12 nations.

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