IDRO quarterly car output reaches 278,000
The Iranian carmakers Iran Khodro and Saipa, affiliated to the Industrial Development and Renovation Organization (IDRO), have manufactured over 278,000 cars in the three months period to June 21, 2009.
The figure shows 11 percent growth in comparison with the output for the same period last year, reported ISNA.
Saipa produced 148,334 and Iran Khodro produced 130,300 cars of different types, indicating a 7 percent and 16 percent rise respectively in the mentioned period.
IDRO was established in 1967 to develop the industry sector and to accelerate the industrialization process of the country.
Promotion of local and foreign investments, restructuring the existing industries, development of general contracting activities, rendering consultancy and support services to foreign investors, and privatization of the existing subsidiaries are IDRO's main areas of activity.