Complex Made Simple

Ford plans Iraq expansion despite security issues

Ford Middle East has said it is plans to expand into Iraq despite ongoing concerns about security and stability in the country, Gulf News has reported. Ford currently has one dealership in the country and is working with them to make a mark in Iraq. "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.