Industry Spotlight: Automobiles 2016

“The government will never be a good manager in industry, including the car industry. The sector should be completely privatized and competitive. The partnership [with foreign carmakers] will drive us ahead.” 

With these words, President Hassan Rouhani, in a nationally broadcast speech, invited foreign investment to participate in Iran’s auto industry. Following years of devastating sanctions on manufacturing, analysts believe Iran’s auto parts industry, the nation's second largest economic sector, is ripe for growth. 

French carmaker Peugeot-Citroen is returning to its partnership with Iran Khodro in a €400m joint venture, while Renault will be seeking to double its manufacturing capacity in the Islamic Republic.

Below is information about an upcoming conference in Tehran, Iran, organized by IDRO International Trading Co. 

Event:  

The 11th Auto Parts International Fair 2016 

Where:  

Tehran International Permanent Fairground – Tehran, Iran

When: 

November 15-18, 2016

Additional Details:   

This four-day exhibition promises to gather important actors of the world’s automobile industry in a country bustling with economic opportunity. 

More information about the conference, including a fair map and a list of participants, can be found here: http://www.idro-fairs.com/exhibitionen-59.html

If you have an interest in attending, please reach out to info@us-iran.org for more details.

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Disclaimer: By publishing information concerning these events, AIC is not recommending, endorsing, or marketing the events or any participation therein. Anyone interested in these events should undertake on their own to secure necessary information. Furthermore, any activity or involvement in such events must be in full compliance with all applicable laws, including U.S. economic sanctions and export control laws relating to the Islamic Republic of Iran.