Azerbaijan, Iran to launch joint automobile plant in March

  13 February 2018    Read: 891
Azerbaijan, Iran to launch joint automobile plant in March

Azerbaijan and Iran will launch joint automobile plant in March, Director General of Iran Khodro Hashem Yekezare told APA.

‘Iran owns 25%, Azerbaijan 5% in the company. The company will assemble Rana and Dena cars’, he said.

Hashem Yekezare noted that if Azerbaijani side make investment in the plant, it will also produce spare part.

The plant will operate in Neftchala Industrial District. 


More about: Azerbaijan   Iran