BAKU. Oct 31 (Interfax-Ukraine) – Iran Khodro (IKCO) seeks to export passenger cars made at a plant in Azerbaijan to Ukraine and Georgia, Ukrainian mass media have reported.
“IKCO is holding talks on supplies of cars that will be manufactured at a plant in Azerbaijan to Georgia and Ukraine,” IKCO Director for CIS Sabina Nobari said.
According to media reports, cars of manufacturers from Iran several times appeared on the Ukrainian market. These were Samand sedan cars imported by Kharkiv’s Megatrans and Saipa four-door cars. Bogdan Autotrade imported Saipa cars in 2014-2015. When the Euro 5 emission requirements took effect in Ukraine, imports of these cars was halted.
Azerbaijan’s Azevrocar and Iran Khodro decided to create joint car production facilities. The first investment in construction of the plant is estimated at $15 million. The plant will be launched in 2018. Its annual production capacity will be 10,000 cars.
