Tag Archives | State Company for Automotive Industry (SCAI)

More New Investment Opportunities in Iraq

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)

More New Investment Opportunities in Iraq

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 Signs Iraq Distributor

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 […]

Nissan, Kia, May Build Cars in Iraq

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 […]

Hyundai Signs $36m Contract for Iraqi Car Plant

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. […]

Scania to Open Branch in Karbala

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.” […]