TEHRAN, Young Journalists Club (YJC) - The site is supposed to give a hand in boosting export volume of the mother company, IKCO.
In the first phase and in a single working shift, the annual production of 15,000 sets of Peugeot Pars is targeted; however the figure will increase by over 30,000 units, should the site run in two working shifts.
The executive procedures and operations had started in 2015, while the entire process of designing, manufacturing and installing the equipment were carried out without the help of foreign consultants, on the contrary with the efforts of engineers of IKCO and TAM.
During the inauguration ceremony, Vice-President Ishaq Jahangiri referred to automotive industry as one of the most important industries and emphasized, "We need to pay more attention to the pioneer industries, leading them to boost production; this will also drive the supply chain of these industries forward with better job opportunities."
The first Vice President also said that the automotive industry of the country has taken long steps, claiming that the establishment of a joint venture company between an Iranian company and an international one was very positive, showing the industrialization in Iran's automotive industry has triggered.
As the next speaker, Mohammadreza Nematzadeh, Minister of Industry, Mine and Trade declared, "We have observed 20% production growth in automobile industry in the past four months compared to the same period last year and we predict the production target of 3 million cars will be achieved within a few years.
"The current production capacity of the site is 60 sets per day with Peugeot Pars rolling out the line in one working shift, but the capacity will gradually increase," said the Minister.
Given IKCO investment of 570 billion rials for launching this car production site, Iran Khodro Kermanshah CEO asserted, "In the first phase, an annual production capacity of 15,000 cars per a shift is predicted and this can result in 330 direct employments, should the capacity boost to 30,000 sets per year.
Located in a 30-hectare ground in Sahneh Industrial city, Iran Khodro Kermanshah products meet required quality standards, and can be exported to regional markets, especially Iraq.