26336
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 ...

Italy's Ansaldo Set to Produce Power From Iran's South Pars Gas Flares
Italy's Ansaldo Energia signed a memorandum of understanding...
Fate of Cryptocurrency in Iran Hangs in Balance
Virtual currencies are slowly but steadily gaining traction...
IRISL Returns to the Fold of Int’l Shipping Giants
The Islamic Republic of Iran Shipping Lines plans to replace...
1st Currency ETF  in the Pipeline
The Iranian capital market’s first foreign currency exchange-...
Dairy Exports to Hit $1b
Iran is one of the top milk producers and has ambitious plans...
Money and Credit Council Approves Liquidity Risk Management Rules
Money and Credit Council, a top financial decision-making body...
84% Rise in Rice Imports
More than 1.05 million tons of semi and wholly milled rice...
Italian Firm to Build 910MW Power Station in Iran
Italian groups will help build a major thermal power station...

Trending

Googleplus