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CZECH REPUBLIC: Construction plans for proposed $950,000,000 vehicle assembly plant move ahead, HYUNDAI MOTOR CORP. (HMC) [South Korea] Project #: 032406.

Publication: WWP-Report on Engineering Construct & Plant Operations in the Developing World
Publication Date: 01-MAR-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

The local INDUSTRY & TRADE MINISTRY recently concluded talks with South Korea-based HYUNDAI MOTOR CORP. (HMC) regarding its construction plans for a new vehicle assembly plant in the country.

As thing presently stand, Hyundai cars sold in Europe are exported from Korea. As a result, the company intends to continue its worldwide expansion with plans for a new European assembly plant. Construction plans under consideration call for building a factory with an installed production capacity of 300,000 cars per year. However, HYUNDAI...

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