Saturday, 12 November 2011

gulfnews : Ford eyes Iraq expansion despite security concerns

Ford is looking at expanding into Iraq despite ongoing concerns about security and stability in the country.

"The biggest opportunity coming up is Iraq. The stability and security is still an issue but that is a growth market, especially as hopefully the situation improves and they have great plans to increase oil output. It'll be a long-term opportunity, but it's out there. We see it as a big opportunity longer term," said Larry Prein, managing director of Ford Middle East.

Ford currently has one dealership in the country and is working with them to make a mark in Iraq.

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