By John Lee. The Iraqi Ministry of Industry and Minerals has been hit by a financial scandal with the disappearance of 120 billion dinars [$92 million] from one of its companies. An Investigation and Control Division's official, who recently moved to the General Company for the Automotive and Equipment Industry in Iskandariya [Alexandria], in Babil […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Production of Gas Masks, State Company for Military Industries Technology Transfer for manufacturing artillery rockets, State Company for Military Industries Body Building Factory, State Company for Automotive and Equipment Industry After-sales services workshop, State Company for Automotive and Equipment Industry Production […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Agricultural machinery factory, State Company for Automotive Industry (SCAI) Sprinkler irrigation factory, State Company for Automotive Industry (SCAI) Housing, Commercial and Entertaining Resort, Ministry of Oil (Source: National Investment Commission)
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Erection a new factory for production of Chorine /Caustic Soda – State Company for Petrochemical Industries Production of tractors, State Company for manufacture of cars and equipment Production of power transmission towers, State Company for Automotive Industry (SCAI) (Source: National Investment Commission)
Renault Trucks has signed up Iraq’s Sunflower General Trading Company as the sole distributor for the French truck manufacturer in Iraq, excluding Kurdistan. Sunflower General Trading Company is one of the main business partners of the State Company for Automotive Industry (SCAI), and truck distributors in Iraq. The partnership will allow Sunflower to expand its […]
The Director General of the Iraqi Automobile Company (State Company for Automotive Industry - SCAI?) has said that the company is in negotiation with the Japanese company Nissan regarding a possible partnership to manufacture Nissan cars in Iraq. According to a report from Aswat al-Iraq, he is also in discussions with Korea's Kia Motors. The […]
In yet another major order for Mercedes-Benz Trucks, Iraq’s State Company for Automotive Industry (SCAI) recently purchased 250 trucks to assist in reconstruction efforts in the country. The last of the ordered vehicles were delivered to SCAI just a few days ago. “We’re very pleased to help with the reconstruction of Iraq by supplying 250 […]
The 'Iraqi Automobile Industry Company' [State Company for Automotive Industry] has reportedly signed a contract with the South Korean company Hyundai to manufacture and assemble Hyundai cars. The contract, worth with 44 billion Iraqi dinars [$36 million], involves the production of 2000 saloon cars annually. The manufacturing line is to be completed within three years. […]
Swedish truck maker Scania will open a branch in Karbala, its fourth brance after Baghdad, Erbil and a planned third in Basra. On Wednesday, Scania signed a contract with the Iraqi company al-Raw’aa regarding cooperation on this project. Swedish ambassador Karl Magnus said, “This will open a new door for Swedish companies to enter Iraq.” […]
