Baku, Azerbaijan, June 25
By Fatih Karimov – Trend:
Iran is expected to export $5 billion worth of technical and engineering services during the current fiscal year (started March 20), the head of the Association of Iranian Exporters of Technical and Engineering Services, Mohammad Reza Ansari, said.
Ansari said that the Iranian companies had undertaken technical and engineering projects in 56 countries across the world before the international sanctions forced them to return, Mehr news agency reported June 25.
He expressed hope that the removal of sanctions against Iran which realized last January will open new horizons ahead of the country’s technical and engineering exports.
Ansari further said that Iran’s technical-engineering services export has the potential to increase to $25 billion per year.
The value of Iran’s annual technical-engineering exports stood at $2.9 billion during the fiscal year to March 2015. Energy sector technical-engineering exports shared 88 percent of the figure.
Earlier Bahram Nezamolmaleki, an official with the Iranian Energy Ministry said that the Iranian companies are implementing various water and electricity sector projects, worth $6.5 billion around the world.