Iran to involve private sector in space projects

November 14, 2018 - 20:37

TEHRAN – Head of the Iranian Space Agency (ISA) Morteza Barari on Wednesday underscored the importance of the space sector for boosting Iran’s economy, saying ISA aims to involve the private sector in space projects.

Pointing out that 76% of the economic activities in space industry throughout the world are carried out by the private sector, Barari said ISA is seeking to attract investment to develop Iran’s space infrastructure, IRNA reported.

“We are seeking to break the government’s monopoly of the space sector and open up the field for the private sector,” he said, adding that progressing in space industry is a top priority of the agency.