FarsNewsAgency - خبرگزاري فارس
Turkish / Persian / Arabic / English 28  Muharram  1434 /  Thursday 13 Dec 2012 / 23 Azar 1391 a
Tehran - 06:25 / GMT - 02:55

Mainpage


All Stories

Politics
Economy
Social
World
Culture
Foreign Policy
Nuclear
Sports
Science
Art
Defence
Interview
Commentary
Photo


Search

Contact us

About us


News number: 9107126137

13:35 | 2012-12-11

Economy

Printable Version Send to a friend

Iran-Khodro to Boost Exports by 35%

TEHRAN (FNA)- Iran's largest car-manufacturing company, Iran Khodro, announced that it plans to increase its exports to foreign states by 35% and manufacture a total number of 1.5mln passenger cars annually by 2025.



"Based on the plan, at least 35% of Iran Khodro's products will be exported to the target markets by (the Iranian year of) 1404 (2025) and the annual production will stand at 1.5mln cars by then," Head of Iran Khodro's Public Relations and International Affairs Ali Mesrian told reporters in Tehran on Tuesday.

He said that the giant company also plans to export 15% of its products to the global market by 2015.

Iran's state-owned Iran Khodro is the largest carmaker in the Middle East, Central Asia and North Africa, with an annual production of more than one million vehicles of various models, including cars, trucks, minibuses and buses.

IKCO is also ramping up exports as it builds a global presence outside Iran.

The company builds more than half a million passenger vehicles a year, and officials have said they want to boost annual production to more than a million vehicles and hike exports to more than 600,000 by 2016.

IKCO in the past two years has also begun kit assemblies in Azerbaijan, Belarus, Venezuela and Argentina, with plans to add assembly in Egypt, Vietnam and China in the next year or two.