Car manufacture launched in Shamakha area
Samand's production line will be inaugurated in Azerbaijans town of Shamakha on May 31st. the line was installed by Star Holding or Turkey, trend reports with reference to the Ministry of Economic Development. This industrial unit is to be launched through the presence of Iran's President, Azerbaijan's Minister of Economic Development and Iran's Minister of Industry and Mine.
The total value of this project is 10 million dollars, which has been completely undertaken by the Azerbaijani side. In the first stage 6 thousand vehicles annually are to be manufactured, which this amount is estimated to reach 18 thousand within three years, this is while the total capacity of this unit is annually 30 thousand vehicles.
This line is to supply the CIS markets, which consists of Uzbekistan, Tajikistan, Kyrgyzstan, Kazakhstan, Turkmenistan, Georgia and Ukraine.