Obstacles to Saipa's Growth Must Be Removed Before Privatization

Akbar Ranjbarzadeh, a member of the Parliament's Industries and Mines Committee, stressed the need to determine the true value of the Saipa Automotive Group before privatization. He said: The company should not be privatized until its overdue obligations are updated and its financial and production conditions are in order. Pricing methods must be revised and production barriers reduced to increase Saipa's real value.

Akbar Ranjbarzadeh, a member of the Parliament's Industries and Mines Commission, emphasized the necessity of determining the real value of Saipa Automobile Group before handing over, and said: The handing over of this company should not be done until its outstanding obligations are updated and its financial and production conditions are not settled, and it is necessary to provide the basis for increasing Saipa's real value by correcting the pricing method and reducing production barriers.