Korea Interested in Cooperation With Yakutia

YAKUTSK. June 19. VOSTOK MEDIA – The Korean company Hyundai Kia Motors Group interested in long-term cooperation with Yakutia. The director general of the company Pak Song Ha said about that during the meeting with the president of the Republic Vacheslav Shchtirov.
The head of the Republic noted that during last years Yakutia was establishing tight relations with Korea and he expressed hope that these relations would develop. This is very important especially under conditions of megaprojects realization in Yakutia.
Mr. Pak Song Ha thanked the president for reception and noted that the government of Yakutia deserved respect for great work in the sphere of attracting investments.
The pride of the world brand Kia Motors Group is metallurgical plants of Hyundai Steel. The company has several directivities. They are production of steel, cars, spear parts and so on. Hyundai produces near 5 millions cars annually. Sales volume is 127 billions USD.
Steel production is the main directivity of the company. Annually Hyundai Steel produces 11 millions tons of steel, the total sales volume is 12 billions USD. For successful development of steel production the company needs cooperation with Russia and first of all with the largest and the richest region – Yakutia.