Implementation of the Zim- Iran Tractor project launched in April this year is already underway with the manufacturing company Motira having assembled 57 units to date.
The joint venture between Zimbabweâ€™s Industrial Development Corporation, Iran Tractor Manufacturing Company and the Iran Foreign Investment Company is taking shape with the tractor company having already rolled out 57 units for sale.
Motira Chief Operating Officer Mr. Patrick Munyaradzi said individuals and organisations across the agriculture industry have shown interest in their product.
â€œRight now negotiations are under way with financial institutions to provide sponsorship to farmers who want to purchase some of the products,â€ said Mr Munyaradzi.
The companyâ€™s Managing Director Dr. Hussein Fazlollahi said the firm is increasing its product range with a consignment of planters, disc harrows and ploughs expected in the country, noting that local engineers and technicians are receiving training in Iran in order to increase their competence.
Dr Fazlallahi said: â€œCurrently we are in the process of skills transferâ€.Â
Currently the plant is only assembling parts built in Iran, but plans are under way to build a foundry so that Zimbabwe can manufacture some of the tractor parts for the assembly.
The partnership is not unique to Zimbabwe as Iran Tractor Manufacturing Company also established plants in Sudan and Venenzuela while plans are afoot to export products being assembled locally to SADC and COMESA markets form Zimbabwe at preferential tariffs.