28
May
01:00
Iranian carmaker mulls Oman manufacturing plant
Iranian carmaker Khodro (IKCO) is mulling the establishment of a car manufacturing plant in Oman, according to the firm’s chief executive, Hashem Yekehzare. The plant’s output would be destined mainly for export to East Africa.
The facility would have a 20,000 vehicles/year capacity, with 5,000 units annually set for sale in the domestic market and the balance exported to countries such as Sudan, Ethiopia and Eritrea. The venture, to be financed …
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