IKCO to produce 30,000 cars in Iraq

Javad Najmeddin said on Tuesday that his company has produced more than 3,000 cars in Iraq since it began its activity in that country in 2011, when the company dispatched 8,000 vehicles to Iraq.

The Iran Khodro plant in Iraq has the annual production capacity of 30,000 cars. IKCO transfers SKD (Semi Knock Down) parts and coated car bodies to the plant.

The company has more than 30 after sales services in Iraq’s main cities including, Baghdad, Najaf, Karbala, Basra, Maysan, Dhi Qar, Erbil, Sulaymaniyah and Kirkuk.

IKCO exported about USD 400 million worth of cars to Iraq in 2010 and 2011.

Founded in 1962, IKCO is currently considered as one of the biggest automakers in the Middle East.

In its five-year future growth prospective, the company envisions an annual manufacturing capacity of three million units, with exports of a million units per year.

YH/PKH/AZ/IS

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