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Hyundia Sets to Set Up Plant in Nigeria

Olaitan Nurudeen

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Hyundia Sets to Set Up Plant in Nigeria

The President and Chief Executive Officer  of Hyundai Motors, Chang Hag Kim with his team visited President Muhammadu Buhari at the Aso Villa to discuss possibility of the establishment of a plant in Nigeria.

Nigeria rating as the best economy in Africa is yielding positive result in no time. According to the President, Nigeria has pledge her support and willingness to have the South Korea firm in Nigeria.

After the meeting with the Hyundai executives President Buhari said on social media:

The President/CEO of Hyundai Engineering Company Limited visited, and put forward a proposal to set up a vehicle manufacturing plant in the country. I pledged the full collaboration and support of the Federal Government to make this planned investment a reality.

Also, the team from Asia discussed about making refineries for Nigeria as they had done to other oil producing countries around the world.

We built South Korea’s largest refinery @ 650,000 b/pd capacity. We are in Venezuela & Iraq. We would be glad to contribute our quota in Nigeria.” — CEO Chang Hag Kim

Hyundai Engineering Company Limited has its headquarters in South Korea where they produce vehicles that are sold worldwide except in North Korea.

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Nurudeen Olaitan is a Linguist, Teacher, and Adventurer. He is Passionate about Sport, Travelling, Writing, & Politics. He puts Humanity above anyone or anything & hold Honesty and Integrity in high esteem.Reach him via nakata@newsliveng.com/ olaitanurudeen@gmail.com or @nurdeanO on Twitter

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