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Iran to build cars in Afghanistan
rahul | September 23, 2008 at 05:33 amby
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Tue, 23 Sep 2008 11:10:56 GMT Iran's ambassador to Kabul says an assembly line for the manufacture of Iranian-designed cars will soon launch production in Afghanistan. “The negotiations to install the production line for the Iran Khodro Company in Afghanistan have started,” said Fada Hossein Maleki to a group of Iranians living in the country. Iran Khodro Group (IKCO) manufactures various vehicle models in seven countries across the globe.
The production capacity of these plants is a total 225,000 vehicles per year. "The Iranian government supports companies who are ready to invest in Afghanistan,” Maleki said.
Iran's envoy added that the construction of an Iranian tractor assembly line in Afghanistan will soon be complete. Iran Khodro is the largest carmaker in the Middle East, Central Asia and North Africa regions with an annual production of more than one million vehicles, including cars, trucks and buses. The Managing Director of Iran-Khodro, Manouchehr Manteqi, recently said that the company has plans to export 600,000 cars and $10 billion worth of products by 2016.
"To achieve this goal, we have decided to double our exports," Manteqi said. MVZ/JG/BGH. Source at PressTV.