However, “we are expecting a lot of projects that are being created here [in Iran],” he said.
He said there is already production facilities and experience with production in Iran so “everything is available for a good industrial development”.
Exhibitors from 700 participants from 10 countries, including Germany, Austria, Netherlands, France, Italy, India, China and South Korea, have attended the conference and presented their latest products on the sidelines of the event.
FEV is an engineering consultation company and engineering consultancy company. It is one of the world's largest independent development service providers in the development of engines and vehicle technology with headquarters in Aachen. Clients of FEV are almost all well-known vehicle manufacturers in the world. FEV is owned by the Pischinger family.
The firm acts worldwide and offers engineering services for power trains engines and transmission developments, and electronics and technologies required for so called new-energy and electric means and hybrid vehicles.
“There is a lot of work to do here in Iran. Iran has very good engineers and have very good facilities for production so everything is available for a very good environment for automotive industry and development activities and since our company supports development of engines, transmission, etc., we look very positive into the future and we are expecting a lot of projects here in Iran where we can provide our services,” Wilhelm said.
He also said another two years is needed for Iran to be back on the level it was before the sanctions.
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