TEHRAN, Aug. 31 (MNA) – Iran’s vice president for science and technology says Tehran now sits among the world’s top technological cities, thanks to the tireless efforts by the city's knowledge-based companies and academic institutes.

“Tehran has been ranked among the 50 top technological cities of the world for the second year,” Sorena Sattari said at the 17th festival of Best Companies of Pardis Technology Park on Saturday.

“This is a result of the abundant universities and research and scientific centers in the city,” he added.

Sattari noted that Tehran’s considerable human resources, along with its immense academic potentials, grant the sprawling capital a unique opportunity to develop its innovative plans.

This is of great significance since the knowledge-based sector can greatly contribute to oiling the wheels of the economy, he said.

The 17 festival of Best Companies of Pardis Technology Park is held annually to highlight the best businesses and products developed at Tehran’s first technology park, which is located 30 km east of the capital.

The park has a stellar record and has signed collaboration deals with academia to help promote the technology sector.

Selected companies picked by a panel of industry heads will be offered meetings with investors and awarded incentives to boost their potential.

Pardis Technology Park created a decade ago, is supervised by the Vice-Presidency’s Office for Science and Technology.

Tehran currently has 21 operational technology parks across the city affiliated to universities like Tarbiat Modares University, Tehran University, and Amir Kabir University.

MNA/4706891