Iraq to Assemble 9 Car Brands

Iraq’s Industry Minister, Ahmad Nasser al-Karbouli [Ahmed Nassar Dali al-Karbouli, Ahmad Nader Dali], unveiled a plan on Tuesday to assemble nine brands of vehicles in Iraq.

“The Industry Ministry has a plan to sign eight agreements to assemble vehicles of different brands, including Hyundai and Cherry, in addition to manufacturing car batteries and tires,” al-Karbouli told Aswat al-Iraq news agency.

“Agreements have also been signed with global companies to manufacture bulldozers,” he added,

The minister added that “there is a real need to change the investment law number 21,22 of 1997, as well as other laws”.

(Source: Aswat al-Iraq)

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