Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Project

Iran joins hands with ROK to produce heavy vehicles

August 02, 2017


Abstract : Iran's Khodro Diesel (IKD) has signed a deal with the Republic of Korea’s Hyundai for the production of heavy vehicles in Iran, Financial Tribune daily reported on Tuesday.

TEHRAN, Aug. 1 (Xinhua) -- Iran's Khodro Diesel (IKD) has signed a deal with the Republic of Korea’s Hyundai for the production of heavy vehicles in Iran, Financial Tribune daily reported on Tuesday.

The deal was signed by the Director of IKD, Alireza Saji, and a Hyundai production manager, Edward Lee, here on Monday.

"Through the deal, new models of Hyundai trucks will be produced in Iran," Saji said, adding that the agreement also calls for the production of buses and minibuses.

IKD, which manufactures heavy duty vehicles, has produced several models of Hyundai trucks in Iran in the past. IKD also signed a production deal with Germany's Daimler last year.

The Iranian company is seeking to expand its operations through joint ventures with major foreign companies. Enditem

Scan the QR code and push it to your mobile phone

Keyword: Iran-ROK-produce-heavy-vehicles

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial