Economy, Auto

Tehran to Host Int’l Auto Fair

Tehran to Host Int’l Auto Fair
Tehran to Host Int’l Auto Fair

Tehran will be hosting the 10th International Auto Parts Fair in November.  

Some 840 national and international automotive firms are expected to attend the event that will be held on November 16-19 at Tehran’s International Fairground, the capital’s main exhibition ground.  

The firms will display equipment, auto parts and automotive services, Mehr News Agency reported.  

The 468 foreign firms will participate from Germany, Turkey, Japan and Italy, among some. Also, 372 local firms will attend the event to prepare for future foreign competition.

The event will focus on a multitude of issues, the most important of which is domestically-made machineries that meet international standards.

Other areas include vehicle engines, technical parts and body works. Research and development facilities as well as engineering and design will also be highlighted at the event.    

Additionally, the automotive trade, after-sales services and car repairs will also be focused on and pavilions will be dedicated to auto part manufacturing technologies and raw materials.

The exhibition will highlight the latest achievements, potentials and vantage points of automotive firms and factories, and prepare the grounds for expanding industrial cooperation between Iranian and foreign firms.

Highlighting the capacities of Iran’s auto part industry, furthering exports and new foreign markets will also be targeted.  

The automotive firms will exhibit the latest scientific, technical and industrial achievements while trying to establish new trade relations for transferring automotive knowhow.

The exhibition will help prepare the conditions to attract investment, promote entrepreneurship and create long-term jobs in the sector.  

A total of 12 conferences have been scheduled while scientific workshops will be run by auto specialists. Select automotive publications will also be displayed.

Iran’s automotive trade has had a tough past half decade what with sanctions and a dip in demand playing on their accounts. However, the prospect of sanctions being lifted by January is the needed lifeline to give momentum to the industry once again.