Further details have emerged surrounding Iran Khodro’s (IKCO) new US$15m plant in Mazandaran province, as well as its site in Senegal.
The plant in northern Iran with a capacity of up to 14,000 units per year and which opened yesterday (20 September), will initially concentrate on producing IKCO’s luxury Sarir extension of its Samand brand.
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“Samand Sarir is the plant’s first product and in the next step – Samand LX with TU5 engine would be added to the plant’s portfolio,” said IKCO CEO Javad Najmeddin at yesterday’s inauguration ceremony, also attended by the Minister of Industries and Mines as well as the head of Industrial Development and Renovation of Iran (IDRO).
“This plant brings about 300 direct and more than 3,000 indirect job opportunities,” said Najmeddin, who also disclosed developments for overseas markets.
“We have scheduled big plans to boost our presence in international markets,” he said.
“One of these plans is the second phase of Senirauto [IKCO’s plant in Senegal] that satisfies African markets’ needs.”
The company currently has plants in Egypt, Syria, Senegal, Venezuela, Belarus and Azerbaijan.
IKCO particularly targets fellow Islamic countries for export such as Iraq, Syria and Turkey and has also mooted the possibility of manufacturing a vehicle cooperating with other Islamic producers.
