10 May 2025
Monday 8 February 2016 - 11:14
Story Code : 200706

Iran, Austria to expand rail, aerospace coop.

TEHRAN, Feb. 07 (MNA) � Vice president for science and technology announced Iran-Austria�s cooperation in the field of rail transport and aerospace based on specialized working groups and joint investment fund for technology exchange.


Sorena Sattari in a Sunday meeting with visiting Minister for Economy, Innovation and Finance of Steiermark, Christian Buchmann, said Iran and Austria can have good scientific and technological cooperation under the newly-presented opportunities following the implementation of the nuclear deal and the lift of anti-Iranian sanctions.

�Capable Iranian companies active in the field of strategic technologies such as biotechnology, nanotechnology, IT, and aerospace can offer excellent grounds for cooperation and a suitable market for investment and exchange of technology,� said Sattari.

Sattari deemed the country�s ICT capacities another excellent field for investment, adding �with over 45 million smart phone users in Iran, companies are presented with a market worth of 60 billion dollars and Iranian firms have played a remarkable part in this field.�

Buchmann, for his part, said his country is fully aware of Iran�s various capacities including its economic market and well-educated human resources, adding Austria�s presence in Iran will be formed on economic and technological basis.

He further expressed the Austrian delegation�s keen interest for cooperation and investment in Iran�s science and technology complexes such as Pardis Technology Park.

�Iran-Austria�s cooperation with AVL Company on the design and construction of engines for passenger cars was one instance of successful scientific and technological cooperation,� he said.

The Minister for Economy, Innovation and Finance of Steiermark, Christian Buchmann, led a delegation of around 50 businessmen from the private sector to Tehran on Feb. 4.

By Mehr News Agency

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