Iranian Carmaker to Build Factory in Iraq
Posted on 22 April 2012.
Iranian carmaker Saipa is to build a car assembly plant in Iraq.
The factory will have capacity to output as many as 120,000 cars per year if operated around the clock.
Iran has developed its domestic car industry for five decades and produced 1.6 million vehicles last year, about half of them made by Iran Khodro.
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