IKCO Exports for Tajikistan
Economy, Auto

IKCO Exports for Tajikistan

Iran Khodro, the country’s largest vehicle manufacturer, will export Iranian cars to Tajikistan, according to a press release from the company.
Following earlier agreements between the two countries, IKCO will be exporting 500 vehicles in the first stage of a larger business arrangement, IKCO Press said.
According to Saeed Tafazzoli, head of IKCO’s Exports and International Affairs, if the first step goes according to plan, the Iranian carmaker will start manufacturing vehicles in Tajikistan from complete knocked-down kits in collaboration with Tajik investors.
“While the Tajik side will provide investment and prepare the production line, IKCO will lend the technical know-how, engineering services and the CKD kits,” he said.
To expand IKCO’s international market, Tafzzoli said Tajikistan can become the company’s export hub to neighboring countries. Visiting IKCO’s factory west of the capital, Tajik Ambassador in Tehran Nematollah Imamzadeh noted that his country will lend the needed support so IKCO would manufacture vehicles in Tajikistan.
A formal invitation for cooperation addressed to IKCO’s CEO was submitted by the ambassador on behalf of Tajikistan’s Ministry of Energy and Industry.
During his visit to the company, Imamzadeh also toured IKCO’s assembly and auto body production plants.
The Tajikistan deal is a first for Iran Khodro, as it previously exported a limited number of vehicles to the Commonwealth of Independent States country direct from the Iranian production line.
IKCO’s main competitor, Saipa, has been far more aggressive in its approach to international markets, with their Saipa Pride becoming one of the best-selling cars in Iraq and Syria prior to 2013.      


Short URL : https://goo.gl/tnv8wp
  1. https://goo.gl/kQTxVv
  • https://goo.gl/AcWbM6
  • https://goo.gl/SGsvvS
  • https://goo.gl/HKplQO
  • https://goo.gl/5OXBL4

You can also read ...

Central Bank of Iran Against Market Intervention
Central Bank of Iran's Governor Abdolnasser Hemmati said the...
New Forex Initiative Unable to Tip Scales
The new forex initiative has only managed to fix major policy...
VDMA Backs Iran Trade
Germany’s plastics and rubber machinery trade association,...
Tehran Shows 4th Biggest Upturn in Economist’s Livability Index
Tehran is one of the top five cities in the world to have...
Equity-Based Sukuk Return to Iran Capital Market
The government is set to clear part of its debt to Social...
Musk Bid for Tesla Still Murky
Tesla Inc’s board named a special committee of three directors...
S. Korea Bans Recalled BMWs Over Fire Fears
The South Korean government has said it will ban about 20,000...
Over €81m Worth of Airport Equipment Purchased  Post JCPOA
Iran Airports & Air Navigation Company, an arm of the...