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Heavy-Duty Vehicle Imports Hit by High Tariff

Sep 15, 2019, 10:41 AM
News ID: 30181

EghtesadOnline: Iran Road Maintenance and Transportation Organization is not capable of purchasing heavy-duty vehicles used for the construction and repair of roads due to the 90% tariff imposed by the Islamic Republic of Iran Customs Administration on their imports, an official with RMTO said.

“The average age of heavy-duty vehicles in Iran has reached 25 years and RMTO needs between 20,000-30,000 billion rials ($174-260 million) to purchase such vehicles, which figure is higher than the total annual budget of the organization,” Reza Akbari was also quoted as saying by IRNA.