Iveco reinforces Middle Eastern plans with Iraq contract
Valued at €125m, the deal specifies the delivery of vehicles from Iveco’s light and medium ranges from 3.5 to 18 tonnes, including Daily vans and chassis cabs, and Eurocargo rigids. Most vehicles will be equipped with cranes and lifting platforms for the maintenance of the nation’s electricity distribution network.
The contract forms part of Iveco’s expansion plans for the African and Middle Eastern markets, with the aim of increasing its position as one of the leading suppliers of industrial vehicles to these regions by 2014.
The African and Middle Eastern markets are important for Iveco’s commercial development and the company says it has reinforced its presence, and will continue to do so, by significantly increasing its distribution, commercial and service networks.
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