|Iran to establish large car plant in free trade zone||
TEHRAN – Iran will establish a large car plant in the southeastern Chabahar Free Trade and Industrial Zone, the Secretary of Iran’s Free Zones Coordination Council stated.
“The country’s third hub of car production will be created in the near future in Chabahar,” the Fars News Agency quoted Akbar Torkan as saying on Saturday.
Iran Khodro and Saipa are currently the two major Iranian carmakers.
Iran manufactured about 94,840 vehicles in the second Iranian calendar month of Ordibehesht (April 21-May 21), a 101.3 jump compared to the same month last year.
Car manufacturing in Iran grew by 92.5 percent in the first two months of the current Iranian calendar year (March 21-May 21), compared to the same period in the previous year, according to the Mehr News Agency.
Iran manufactured 135,901 cars in the two-month period.
Iran’s car output dropped 20.2 percent in the past Iranian calendar year. The country manufactured 737,060 cars in the previous Iranian year.
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