Mureza Auto Company to distribute Iranian cars in South Africa
Mureza Auto Company, an African car brand registered in Zimbabwe and South Africa, plans to assemble and distribute Iranian developed vehicles in Southern Africa through a joint venture with Iran’s SAIPA Group based in Tehran. As reported by IRNA, according to an announcement by Mureza, the company initially will have a joint venture with SAIPA Group for platform-sharing and the supply of major components but the ultimate objective is to design and manufacture vehicles in Africa for African drivers. The business is being backed by funders ...
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