Chinese car maker Geely Group and Iran’s Bushehr Automobile Mfg. Co. are linking up to produce vehicles in Bushehr, Iran. The project will draw $5 million in foreign investment and 75 billion rial ($9.4 million) in local investment. The plant will be built on a 430,560-sq.-ft. (40,000-sq.-m) site located in Bushehr Industrial Township, about six miles (10 km) west of the city. About 600 jobs will be created initially. Production could start as early as February. Plans call ...
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