Dubai: Iran today (Sep 1, 2004) said India will set up five Information Technology (IT) parks in the country to train 5,000 personnel.

An agreement to this effect has been signed by the two nations, the Iranian ambassador to New Delhi, Siavosh Zargar Yaqoubi, said in Tabriz, East Azarbaijan province, during a meeting with Governor General of the province.

Besides providing training to 5,000 people the project will set the stage for creating 300,000 jobs in local industrial sector worth $300 million, he said yesterday (Aug 31, 2004).