Jan 11, 2016, 9:46 AM

Iran eyes producing 3mn vehicles annually

Iran eyes producing 3mn vehicles annually

TEHRAN, Jan. 11 (MNA) – Industry minister has announced the planning to increase annual vehicle manufacturing to a total of three million in 10 years’ time.

In a meeting with Slovenia’s Minister of Economic Development and Technology Zdravko Počivalšek, Iran’s Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh described the country’s capabilities in various sectors adding “we seek to reach an annual production of three million cars in the vehicle industry in a a ten-year period.”

Nematzadeh also pointed out the great potentials and capacities of Iran in numerous fields including electronics, pharmacy, home appliances, establishment of science and technology parks, agriculture as well as food industry; “Iran and Slovenia are able to form bilateral economic and industrial cooperation,” he asserted.

The member of the cabinet recalled that the country would enter a new era after the lifting of the international sanctions stressing “opening of the Slovenian embassy in Tehran will definitely boost the extension of bilateral ties.”

The official noted that Iran looks for long-term joint investments with small and medium-sized European enterprises; “we welcome joint ventures with Slovenia in the economy and industry sector,” he underlined.

Also at the meeting, Zdravko Počivalšek, Slovenian Minister of Economic Development and Technology, deemed the promotion of historical relations between the two countries as precious and significant in line with bolstering of economic ties between the two sides; “a 45-member delegation is staying in Tehran making an effort to further deepen and expand collaborations in industrial, mining and trade fields.

Počivalšek enumerated possible venues for cooperation between Iran and Slovenia including telecommunications, engineering, vehicle manufacturing, transport as well as tourism expressing hope that the banking relations between the two countries will become feasible.

 

HA/3021661

 

News ID 113498

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