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Iran’s Saipa starts car export to Lebanon

Business Materials 26 June 2016 17:32 (UTC +04:00)

Baku, Azerbaijan, June 26

By Fatih Karimov – Trend:

Iran’s second largest auto manufacturer Saipa has started car exporting to Lebanon, Ahmad Esmaeili, an official with the company, said.

The first consignment including 152 sedan and commercial cars was sent to Lebanon, Esmaeili said, IRIB news agency reported June 26.

He further said that the company plans to export 500 cars to Lebanon by March 2017.

Saipa has already established car production plants in Syria, Venezuela, Iraq and Sudan.

Iran plans to produce three million cars a year over the next 10 years.

Iranian carmakers manufactured 1.1 million cars over the last fiscal year (ended March 20) and there are plans to increase the figure to 1.3 million this fiscal year(by March 2017).

Iran exported $14.118 million worth of cars and car parts in the first two months of current fiscal year (March 20-May 20).

Venezuela, Egypt, Poland, Kuwait, Qatar, Kazakhstan, France, Russia, Iraq, Sudan, Cote d’Ivoire, the Czech Republic, Syria, Turkmenistan, Turkey, Italy, the United Arabic Emirates (UAE), Afghanistan, Jordan, Germany, China, Estonia, Azerbaijan and Uzbekistan were the destinations of Iran’s car and car parts exports.

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