Construction of a specialized technology tower for marine industries in Qeshm Island, off the Persian Gulf, started on Tuesday.
The tower is a joint project between the Vice Presidential Office for Science and Technology, Qeshm Free Zone and Qeshm International Incubator (QII).
With an initial investment of 50 billion rials ($357,000), the building will be built over 3,000 square meters near the QII, public relations office of Qeshm Free Zone reported.
The building will provide startups and technology teams in marine technologies with working places.
Chief of QII, Mahdieh Fallahi, says the tower will provide working place for startups, tech companies, and investors, along with workshops for tech production.
"The tower is supposed to bring together specialists and startups that need facilities for small-scale production of their tech products. This would help prepare them for mass production," she added.
In addition, the building will attract talented university students in the field of marine industries and help them grow knowledge-based products.
The tower will also provide startups and tech teams facilities to test their products.