The Presidents of Sudan, Omar Hassan al-Bashir, and Iran, Mahmoud Ahmadinejad, viewing a military formation. Both nations are rich in oil and have been targeted by the United States and Britain for regime change.
Originally uploaded by Pan-African News Wire File Photos
Tue Sep 14, 2010 4:57AM
Saipa, Iran's second largest car-maker, is to setup a plant in Sudan.Iran's second largest auto manufacturer has signed a contract to open a factory in Sudan to produce some 35,000 cars over the next five years.
Saipa Automotive Manufacturing Group signed a deal to build a plant in Sudan that will produce various models, Iran's Mehr news agency reported.
"Saipa's successful presence in the Sudanese market in the past persuaded us to build a factory to produce our cars there," Nematollah Poustindouz, CEO of Saipa, told Mehr. "Our plan is to sell cars in Sudan and eventually launch our products in its nine neighboring countries."
Saipa produces a number of models from the French carmaker Citroen, ranging from the midsized C5 and Xantia to a MPV, in addition to its domestic compact models such as Saba and Nasim.
Saipa's vehicles are currently being sold in several countries in the region, including Sudan, Syria, Iraq, Egypt, and Algeria, due to low fuel consumption, competitive pricing and readily available after-sales services.
The Iranian government owns 48 percent of Saipa.
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