Yadollah Sobouhi said the knowledge-based companies are expected to update themselves and become equipped with state-of-the-art technology.
He said the Presidential Office is to finance highly-efficient technology development projects operated by knowledge-based companies.
Sobouhi said some technologies which are necessary for energy efficiency and environment are planned to be developed by knowledge-based companies.
He said the petroleum industry should reduce its dependence on imports by using the products of knowledge-based companies.
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