Iran’s Pasta Holding, Italy’s Itway Sign Deal

Itway SpA, an Italy-based holding company, has signed an agreement with Iran’s Pasta Holding to develop common network projects in the Islamic Republic following the removal anti-Iran sanctions.

According to a report carried by Reuters on Wednesday, the agreement aims to identify and develop common projects in Iran in the fields of Networking, Data Center, Cyber security, Application Security, Big Data, and IOT (Internet of Things).

It will also focus on the analysis of specific vertical market areas including Smart Government, Healthcare, Smart-Transportation and Logistics.

Patsa Holding is a conglomerate comprising 12 companies operating in the ICT (Information and communications technology), Industrial & Life Automation and Instrumentation sectors, with over 600 experts in Iran and in other Middle Eastern countries.

The agreement followed Italian Prime Minister Matteo Renzi’s visit to Iran earlier this week.

Renzi headed a 250-strong political and economic delegation during his two-day trip to Iran.

During the visit, six documents were signed for cooperation between the two countries in different areas.

(Source: Tasnim, under Creative Commons licence)

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