Why it matters:
The agreement strengthens Iran’s national strategy for expanding the digital economy and advancing the goals of the Seventh Development Plan, with a focus on AI, cloud, space technologies, smart logistics, and knowledge-based businesses.
The big picture:
The three-year MoU was signed in the presence of the Deputy Minister for ICT Policy and Digital Economy and the CEO of Post Bank of Iran. The agreement was finalized during the 'Investment Opportunities in ICT' conference on November 30.
Zoom in:
- It targets the development of communication and cloud infrastructures, digital economy expansion, AI initiatives, space industry projects, and smart postal and logistics systems.
- The Ministry of ICT will submit a list of finance-ready national projects, complete with full technical and legal documentation, to Post Bank.
- Post Bank, as Iran’s specialized ICT bank, will support innovative projects using instruments such as Gharz-al-Hasanah facilities, Islamic bonds, long term loans, specialized guarantees, and the “GAM” productive credit certificates.
- The bank will also help facilitate the export of technology based products through tailored financial services.
- A joint working group will oversee documentation, project evaluation, investment prioritization, and implementation monitoring.
- Cybersecurity resilience, data center growth, and high capacity network upgrades are additional areas of cooperation.
- The MoU is valid for three years and may be extended by mutual agreement.
Go deeper:
Post Bank Launches IT Investment Initiative Targeting Iranian Diaspora
seyed mohammad kazemi - seyed mohammad kazemi
