Iranian Company Saves Country $25 Million by Producing Metal Toy Cars
“The production of metal toy cars for children is one of our fields of activity. We launched our operation professionally in 2018 and now produce nine million toy vehicles annually,” said Mehdi Assadi, managing director of the technological company said.
“In 2018, with the efforts of a professional team and in line with the goal of increasing domestic production, we built the first factory to produce tow truck in the country in this complex,” he also said.
The products of this company have saved the country $25 million by preventing imports, Assadi continued.
“This company has generated jobs for 150 people in Eyvanaki Industrial Town in Seman Province,” the managing director of the company went on to say, calling for more restrictions on importing foreign-made decorative or metal toy cars into the country in support of domestic production.
He considered imposing customs duties on the imports of the product to be one of the solutions to resolve the challenge, adding, “We are not against imports. On the contrary, we think that with imports domestic production grows. Anyway there is need for customs valuation.”
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