Uzbekistan’s Prime Minister Abdulla Aripov toured Iran’s Innovation and Technology House (iHIT) in Tehran, highlighting opportunities to expand scientific and commercial cooperation following news that Iranian knowledge-based companies earned $18 billion last year and employ half a million people.

Why it matters:

Iran’s thriving ecosystem of over 10,000 knowledge-based firms—with cutting-edge products in nanotech, biotech, medical devices, and pharmaceuticals—represents a unique high-tech infrastructure in the Middle East, positioning both Iran and Uzbekistan to deepen ties through technology transfer and joint ventures.

What he’s saying:

“Direct exposure of foreign leaders to our knowledge-based technologies has a profound impact on bilateral cooperation,” said Hossein Afshin, Vice President for Science, Technology and Knowledge-Based Economy, noting that Aripov visited sectors from creative industries and pharmaceuticals to peaceful nuclear technology.

Key points:

  • Iran’s knowledge-based firms recorded $18 billion in revenues last year and employ half a million people—a singular regional achievement, says Touraj Amraei, Deputy for Knowledge-Based Company Development.
  •  The Innovation House displays quarterly-updated technologies in fields like creative media, agriculture, and nuclear medicine.

Go deeper:

Iran’s ecosystem now comprises over 10,000 knowledge-based firms producing 18,000 high-tech products, which last year generated $18 billion in revenue and employed 500,000 people—a unique high-tech infrastructure in West Asia. The newly established iHIT branch in Tashkent aims to facilitate technology exchange and boost exports to CIS markets. Quarterly updates at iHIT ensure continual showcasing of Iran’s latest advances in pharmaceuticals, medical devices, agricultural tech, and peaceful nuclear applications.

ahmad shirzadian