Iran plans to invest $1.3b in high-tech industries http://www.mehrnews.com/en/newsdetail.aspx?NewsID=1293075

The Industrial Development and Renovation Organization (IDRO) of Iran will implement 27 advanced industrial projects worth some $1.3 billion this year, the organization's deputy director said on Tuesday.According to Mehrdad Sabbaqi, IDRO’s plan last year was two broaden ties with universities and commercialize and invest in some $50 million worth of new related technologies.IDRO's objective is to develop Iran's industry sector and to accelerate the industrialization process of the country and to export Iranian products worldwide.