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The two countries will launch joint production of cars

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Azerbaijani and Iranian companies intend to cooperate in production of passenger cars and spare parts.

Azerbaijani company 'Azeurocar LLC' and the Iranian Iran Khodro signed a memorandum of understanding today in Baku.

Initially the car models will be defined, which are most expedient to manufacture, and then will be developed a business plan. The project will be implemented in an industrial quarter of Neftchala.

Construction is scheduled for two years.

Date
2016.04.21 / 16:20
Author
Axar.az
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