Renault CKD Project

Renault CKD Project
N.H group has signed a deal joint venture agreement with Renault Co. to produce up to 300,000 Renault cars a year at a factory in Iran. The contract will be between 60 and 40 in the form of a whistle-blower win, with Renault contributing 60% and 40% of the remaining shares equally to the Idro and Negin Khodro. This collaborative effort includes a new engineering and procurement center to support domestic manufacturers and a 150,000 initial capacity of production plant.

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