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)