Iraq: Scania Signs Deal to Deliver 4,000 Cvs
|May 28, 2011||Filled under Iraq Daily News|
Swedish commercial vehicles manufacturer Scania has entered into a cooperation agreement with Iraq’s Ministry of Industry and Minerals, whereby the OEM will deliver 4,000 vehicles worth SEK 3bn (US$472.6m) during a five-year period.
Scania will execute this agreement together with its partner in Iraq, Qanadeel al Rafidain. The vehicles will be assembled at the government’s Iskandariyah industrial complex, south of Baghdad. The agreement also calls for Scania to deliver industrial know-how, tools and training during the five-year period.
The agreement was signed at the Ministry of Industry and Minerals in Baghdad. Carl Magnus Nesser, Sweden’s Ambassador, and Roland Sossi, head of the Swedish Trade Council in Iraq, were present at the signing.
“This agreement is an important step in our continued cooperation with the Ministry of Industry and Mining. It demonstrates Scania’s strong position in Iraq and our ability to provide customised solutions,” said Klas Dahlberg, vice president in charge of Scania’s sales to independent distributors in the Middle East.
Scania regained a production and sales presence in Iraq a year ago. In the early 1980s, Iraq was a significant market for Scania. At its height, the market accounted for sales of 3,900 trucks in 1981.
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