South Korean automotive manufacturer Hyundai Motors has announced plans to build a factory in Angola to assemble heavy-duty vehicles.
Seong Kwon Han, the group’s sales director for commercial vehicles said the plant would initially oversee the assembly of buses and trucks.
“We analysed the strategy and the pricing policy, as well as the quality of the spare parts that will support the assembly process,” he said.
The company has not said where the assembly plant will be located or when it plans to start operations as negotiations with the Angolan government are ongoing.
