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Azerbaijan, Iran may jointly produce buses

Business Materials 26 October 2017 15:46 (UTC +04:00)
Buses can be produced at the joint Azerbaijani-Iranian automobile plant, Azerbaijan’s Economy Minister Shahin Mustafayev told reporters in Baku Oct. 26.
Azerbaijan, Iran may jointly produce buses

Baku, Azerbaijan, Oct. 26

By Anvar Mammadov – Trend:

Buses can be produced at the joint Azerbaijani-Iranian automobile plant, Azerbaijan’s Economy Minister Shahin Mustafayev told reporters in Baku Oct. 26.

Mustafayev noted that this issue was discussed during the meeting with the Iranian delegation led by Iranian Minister of Economic Affairs and Finance Masoud Karbasian.

“We have started the initial negotiations on this issue. At the first stage, the plant will produce cars, but in the future we do not exclude the joint production of buses,” said the minister.

Mustafayev said that the plant is planned to be commissioned in December 2017.

“The plant’s building and communication lines are ready. In November, the necessary equipment will be provided for the plant. We want the plant to be opened in December. It is likely that we will not be able to complete all the work on schedule. In this case, the opening can take place in the beginning of next year,” noted the minister.

The annual production capacity of Azermash OJSC, the Azerbaijani-Iranian car plant, which is under construction in Azerbaijan’s Neftchala district, is 10,000 cars, 2,000 of which are planned to be exported. Iran Khodro (IKCO) Runna, IKCO Samand, IKCO Soren, IKCO Dena, Peugeot 206, Peugeot 207, Renault Tondar cars will be produced at the plant.

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