HARGEISA (Halbeeg News) – South Korean owned car manufacturing company has signed deal with Dahabshiil Motors to be representative in Somaliland.
Speaking to the media, Dahabshiil Motors Chief Executive Officer Engineer Awil Sharif said Hyundai company will launched a series of models in Somaliland capital Hargeisa.
“Hyundai automotive business is not going to be limited to Somaliland, but aims at Horn region as a whole, in view of the ongoing developmental projects in Somaliland such as the expansion of Berbera port and the plan to create a free trade zone plus the construction of Berbera corridor highway, we are optimistic that the entry of Hyundai will have great impact in the motoring industry. Our strategic plan includes expanding business to other Somali regions and East Africa,” Mr Sharif said.
He said the company has so far introduced eight Hyundai models in the country.
“Most countries in Africa import four or five models. We started with eight models and will bring more models in future depending on customers’ demand,” Mr Sharif stated.
“In terms of the automotive business, the company measured safety-related matters, environmental pollution problems and user comfortability before importing brand new Left Hand Drive quality vehicles to replace Right Hand Drive vehicles,” Mr Sharif added.
The CEO affirmed Dahabshiil Motors’ Hyundai can be purchased through Murabaha (the Islamic financing bank system).
Hyundai Company operates the largest integrated automobile manufacturing facility in Ulsan, South Korea with an annual production capacity of 1.6 million units.
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