President of Uzbekistan Meets with Executives from Hyundai Motor Group, Kia, and Hyundai Rotem

Economy

While in Seoul, President of the Republic of Uzbekistan Shavkat Mirziyoyev met with Kim Sun, President of Strategy at Hyundai Motor Group; Cho Sang-woon, Senior Vice President at Kia Motors; and Lee Yong-bae, Chairman of the Board at Hyundai Rotem.

President of Uzbekistan Meets with Executives from Hyundai Motor Group, Kia, and Hyundai Rotem
The group's contribution to the development of Uzbekistan's automotive and transport sectors was highly commended. Discussions focused on expanding production at the automotive cluster established in Jizzakh and increasing the localization rate of automotive components.

Satisfaction was expressed regarding the establishment of full-cycle production for Kia vehicles and the growth of exports. Particular attention was paid to the launch of new models and the new press shop. Prospects for manufacturing electric and hybrid vehicles were also discussed.

Hyundai Rotem’s high-speed trains have begun operating on the Tashkent–Khiva route, cutting travel time in half. Issues regarding additional train deliveries from the company were discussed.

The importance of establishing a Hyundai Rotem service center in Uzbekistan, localizing component production, and exploring the manufacture of magnets for electric motors was highlighted.

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