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Contract to manufacture Hyundai cars in Iraq
BAGHDAD / Aswat al-Iraq: Iraqi Automobile Industry Company signed a contract with South Korean Hyundai Company to manufacture and assemble different types of Hyundai cars with a cost of 44 billion Iraqi dinars.
The contract contains producing 2000 saloon cars per annum in Iraqi company's factories.
A manufacturing line shall be made within three years time.
On the other hand, the Iraqi company completed an economic feasibility study to establish a factory that will produce an Iraqi-made car, with the financing of Finance Ministry, if the law permits.
RM
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Contract to manufacture Hyundai cars in Iraq
BAGHDAD / Aswat al-Iraq: Iraqi Automobile Industry Company signed a contract with South Korean Hyundai Company to manufacture and assemble different types of Hyundai cars with a cost of 44 billion Iraqi dinars.
The contract contains producing 2000 saloon cars per annum in Iraqi company's factories.
A manufacturing line shall be made within three years time.
On the other hand, the Iraqi company completed an economic feasibility study to establish a factory that will produce an Iraqi-made car, with the financing of Finance Ministry, if the law permits.
RM
[You must be registered and logged in to see this link.]
