Iran’s Minister of Communications and Information Technology, Seyed Sattar Hashemi, said that in line with expanding technology diplomacy and exporting Iran’s technical capabilities to other countries, a fiber optic production facility has been launched and put into operation in Venezuela by Iranian knowledge-based companies.
The Iranian fiber optic plant in Venezuela was established with a $10 million investment. It aims to meet Venezuela’s domestic needs—which previously imported fiber optic equipment worth $2 million annually from Iran—and to become a regional hub for exporting telecommunications equipment to Latin American countries.
According to Amirhossein Mirabadi, head of the Center for International Interactions at the Vice-Presidency for Science, Technology, and Knowledge-Based Economy, with the inauguration of this plant, Iranian knowledge-based companies have established a presence in a region often described as the United States’ backyard.
Earlier, Iran and Oman had also agreed to establish a new corridor for data and internet transit—a route beginning in Northern countries such as Russia and Central Asia, passing through Iran, and extending Southward to the Persian Gulf, India, and even East Africa.
The purpose of this agreement is for Iran, leveraging its domestic infrastructure, to become one of the main data transit routes in the region. The initial capacity of this corridor is 4.5 terabits per second.
