Urgent Need for 50 Trillion Tomans in Subsidies for War-Affected Knowledge-Based Companies
According to the Economic Desk of Webangah News Agency, in the aftermath of the recent conflict, the economic reconstruction of the country hinges on particular attention to affected knowledge-based companies and industries. These entities are not merely ordinary economic units but represent a significant portion of the nation’s scientific, technological, and production capacity.
Statistics indicate that these companies have sustained approximately 100 trillion tomans in damages. The continued operations of many of these organizations face severe obstacles without immediate, targeted financial resources. Consequently, in addition to a general reconstruction plan for economic enterprises, the government must establish a separate and dedicated credit line for the science and technology sector to accelerate the revival of these capabilities.
A fundamental distinction between knowledge-based companies and traditional businesses lies in their substantial investment in knowledge, technology, skilled personnel, and the production chain of technological products. This characteristic means that conventional banking models for their reconstruction are often insufficient.
Many of these companies may lack sufficient physical assets and collateral to secure large loans, yet they produce goods of strategic importance to the national economy, with no readily available domestic or international substitutes. Therefore, support for these companies must be commensurate with the significance of their technology and products. Beyond restoring equipment and infrastructure, this support should encompass the supply of raw materials, working capital, retention of specialized staff, and the resumption of production and sales contracts.
Within this framework, given the approximately 100 trillion tomans in damages, allocating at least 50 trillion tomans in independent credit and resources for the reconstruction of affected knowledge-based companies is deemed an effective and strategic measure. These funds can be sourced through special subsidies, direct government grants, the capacity of knowledge-based economy-related funds, and dedicated credit lines, and should be disbursed swiftly to eligible companies with minimal bureaucracy. It is crucial that these resources are not solely limited to compensating for physical damages but lead to the restoration of production capacity, enabling companies to revive their equipment, secure necessary raw materials, retain their skilled workforce, and reactivate their product manufacturing and sales contracts.
Mirzaei, a Member of Parliament and a member of the Agriculture Commission, highlighted the unsatisfactory state of support for knowledge-based companies affected by the recent conflict with the Zionist regime and American forces. He emphasized the imperative for special government support for the country’s high-technology and technological companies that suffered damage during this war, stating that the current situation is by no means acceptable.
He continued, stating that special attention to the role of these companies in producing key and strategic products is essential. By allocating separate funds to support knowledge-based and high-tech companies damaged by the recent imposed war, we must move towards the rapid reconstruction of this crucial capacity within the nation’s economy and technology chain.
The Member of Parliament, while stressing the need for special and independent government support in allocating 50 trillion tomans in banking and stock market credits for the reconstruction of these strategic companies within the country’s science and technology chain, noted that given the approximately 100 trillion tomans in damages to knowledge-based companies, an allocation of at least around 50 trillion tomans is expected. If there are issues in financing, these credits should be provided in stages to allow companies to continue their activities and prevent innovation from halting in the country.
He further stated that the government’s special attention to the reconstruction of science and technology and knowledge-based enterprises, through the provision of subsidies and supportive credits, can directly lead to the support of producing essential and irreplaceable products, as well as the preservation of elite employment and the return of production capacity for these technological goods.
