Russian car giant Avtovaz to open facilities in Jordan
Published time: 13 Feb, 2007 22:01 Edited time: 14 Feb, 2007 01:01
Russian car maker Avtovaz is to produce vehicles in Jordan. The announcement came during President Putin's visit to the country. The project will need a separate plant in Jordan producing up to 30,000 Lada cars a year.
Until the factory is built, Avtovaz will supply more than 3,000 vehicles a year for sale in the Middle East and Africa.Jordan also agreed to provide tax breaks for importing ready-made cars and assembly components.