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The two countries will launch joint production of cars

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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