He said PTP companies exported 40 products worth 35 million euros to as many as 21 countries last year.

He put the sales growth of PTP knowledge-based companies at 31 percent in 2018.

“Last year, we had 135 innovative products at the PTP,” he said. “Our knowledge-based companies produced 110 new or upgraded products in 2018. 23 products were also indigenized, and we patented two products.”

In 2018, PTP defined 16 research and joint production projects worth 21 million euros with nine countries, he added.

Pardis Technology Park (PTP) is based in Pardis, a satellite city 20 kilometres (12 mi) outside of the Tehran metropolitan area. The park has been proclaimed the “Silicon Valley of Iran”.

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