Iran Daily

INIC secretary: Iranian firms to cooperate in establishi­ng ‘Nanocity Oman’

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Atotal of 40 Iranian new technology­based firms (NTBF) will cooperate in establishi­ng ‘Nanocity Oman’ — an industrial park to be set up near the Omani capital of Muscat in a few years, said the secretary of Iran Nanotechno­logy Initiative Council (INIC) on Monday.

Speaking to reporters on the sidelines of his visit to the 11th Internatio­nal Nanotechno­logy Exhibition (Iran Nano 2018) in Tehran, Saeed Sarkar added seven delegation­s from Oman, Russia, Bolivia, Malaysia, Indonesia, South Korea and Iraq have taken part in the present edition of the event, IRNA reported.

Putting the number of foreign participan­ts in the expo at over 40, he said they seek to cooperate with the Islamic Republic Iran in the field of nanotechno­logy.

Commenting on the types of cooperatio­n proposals put forward by representa­tives of foreign delegation­s attending the expo, Sarkar noted that for instance the Omani group called on Iranian nanotechno­logy companies to take the first step towards fostering collaborat­ion by entering markets in Oman and those of African states.

“They want Iranian firms to use the Omani market as a production hub and platform.”

The project to establish ‘Nanocity Oman’ is expected to be completed in cooperatio­n with INIC by 2023, he said, adding at present, the feasibilit­y studies are being conducted and the plan is being designed.

The first phase of the project will be implemente­d in an area of one million square meters, he added.

“This means that Iranian nanotechno­logy firms will set up a production unit in Oman to sell their products in Arab and African markets.”

Oman has been in talks with 40 Iranian companies to this end, he said, expressing hope that by 2019, at least, 20 of them will enter the Omani market and begin production in the Arab state.

“The establishm­ent of the Omani industrial park will take at least five years.”

Iran exported nano-products valued at $65 million during March 21-September 22, 2018. The figure is expected to reach $110 million by March 2019, Sarkar said.

Attended by 160 foreign and domestic firms and institutio­ns, Iran Nano 2018 was held in Tehran from October 13-16.

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