Defense Ministry Expanding Role In Iran's Auto Industry

August 17, 2020

Publication: 

Radio Farda

Brigadier General Amir Hatami, the head of Iran's Ministry of Defense, announced that industrial companies controlled by the Ministry have signed $950 million in contracts with the automotive industry. In June, the Islamic Revolutionary Guard Corps (IRGC) formed a committee with the Iranian Ministry of Industry and Mines to facilitate involvement of the IRGC in the automotive industry.