Nov 11, 2013
Damascus, (SANA) – Director of the General Establishment for Engineering Industry, Nedal Fallouh, stressed that the Syrian-Iranian Automobile Manufacturing Company (SIAMCO) will be provided with USD 1,990 million for revitalizing the cycle of (Sham) cars industry for the Syrian market.
In a statement to SANA, Fallouh added that this amount of money will be dedicated for purchasing components of 312 cars (Sham 1600cc).
SIAMCO produced 20 to 25 cars per day before the crisis in Syria and it stopped production because of the difficulties to deliver car components to the factory in the industrial city of Adra.
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