Chinese company intends to create a car plant in Iraq

Chinese company intends to create a car plant in Iraq

Wednesday, February 19, 2014 19:23

Chinese company intends to create a car plant in IraqBAGHDAD / Baghdadi News / .. allocated group “Levan” Chinese 20 million dollars to create a new joint venture factory to produce cars in Iraq.
The group “Levan”, in a statement seen by / Baghdadi News /, that the “run of the mill joint is expected to be in this month, where will the production capacity annually 10 thousand cars and then expand to up to 20 thousand cars, including SUVs.”
The “Levan” may girl a factory to assemble cars in Iran in 2008, with a production capacity annually 20 thousand cars, and will provide the new plant mV countries in the Middle East, with the expansion of the productive capacity of the plant in the future will be the introduction of more new cars, has become the Middle East is an important foreign markets to compete in many of the Chinese auto companies. Finished / 21

albaghdadianews.com