Ministers Offer Iran Site for new Car Plant

By John Lee.

The Deputy Managing Director of of Iranian vehicle maker Iran Khodro (IKCO) has said the company has chosen Iraq as a target market for its car exports, and opened a new showroom in Baghdad last week as a first step.

Meqdad Mahmudi told Iran's IRNA news agency that both the Iraqi Oil Minister and the Iraqi Electricity Minister had proposed giving a large site to the company to build a car manufacturing plant.

(Source: IRNA)

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