Date: 02 November 2023 , 13:04
News ID: 11236
The business development manager of MSTID announced;

MSTID will invest one thousand billion in 50 knowledge-based companies by the end of this year

The business development manager of Mobarakeh Steel Technology and Innovation Support and Development Company said: Until today, we have invested more than 7000 billion Rls in knowledge-based projects, and we plan to invest in 50 knowledge-based companies by the end of the year, which in total amounts to 10000 billion Rls is planned.

Vahdat Zahedi stated on the sidelines of the 5th Steel Show event: This event has been held in different provinces, and this procedure will continue in other provinces in a chain manner to utilize the technological capacity of the whole country.

He continued: "With the planning done, future events will be in the north of the country, and Azerbaijan province is the next target of the "Steel Show" event to get help from the science and technology park arm of this province.

The business development manager of Mobarakeh Steel Technology and Innovation Support and Development Company stated that investing in effective companies in the country's steel production chain is one of the goals of these events and said: In fact, by identifying talented and capable companies in the field of steel, it is possible to network these companies. It helped around the ecosystem of steel technology and will intensify their growth and facilitation.

He continued: "Until today, we have invested more than 700 billion tomans in knowledge-based projects, and we plan to invest in 50 knowledge-based companies by the end of the year, which is planned to total 10000 billion Rls."