By John Lee. The Iraqi cabinet has said it will simplify company registration procedures for young entrepreneurs (aged 18-35 years), and exempt them from any associated fees. It has also announced that it will provide unemployed graduates and others wishing to start manufacturing projects with free training and support to start their projects. The new […]
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By John Lee. Iran Khodro (IKCO) has said that 2,500 units of its Samand model (pictured) are expected to be produced this year in its Iraq plant. The site at Iskandariya has been upgraded with new equipment, and now has the capacity to make 45 to 50 cars per day. (Source: IKCO)
Adnan al-Sharif, head of the state-owned car manufacturing company, has told Azzaman news agency that Swedish truck manufacturer Scania is to set up an assembly line in Iraq for the production of 800 trucks a year. Sharif did not say how the deal will be financed, but he said his company aspires to become Scania’s […]
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 […]
German consul in Arbil said on Monday that talks underway to implement important projects in Kurdistan, including the establishment of a truck assembly plant.