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Sun, March 26, 2023 | 04:56
Companies
Hyundai signs Turkmenistan bus deal
Posted : 2020-03-15 17:27
Updated : 2020-03-15 18:15
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Hyundai Motor's New Super Aero City buses. / Courtesy of Hyundai Motor
Hyundai Motor's New Super Aero City buses. / Courtesy of Hyundai Motor

By Baek Byung-yeul

Hyundai Motor has signed a contract with Turkmenistan's transport ministry to supply 400 buses, worth around $60 million, the automaker said Sunday.

The company said it would supply its 27-seat New Super Aero City buses to the Central Asian country in conjunction with Hyundai Corporation.

The contract is the second-biggest deal since the company supplied 500 buses to the country in 2016. Since Hyundai Motor first supplied 500 buses to Turkmenistan in 2008, the automaker has sold 1,200 buses there.

As a result of the deal, every city bus on the streets of Ashgabat, the capital city, is a Hyundai Aero City bus, according to Hyundai Motor.

The New Super Aero City buses have improved safety features such as rear cameras and rear warning systems. According to Turkmenistan news outlets, engines on Hyundai's new buses comply with Euro-4 emission standards, which the European Union set in 2005.

The company will begin manufacturing the buses in May and will complete delivery before December 12, the 25th anniversary of the country's Day of Neutrality.

Hyundai Motor said it had contributed greatly to the development of the public transport infrastructure of Turkmenistan because Hyundai also offered bus components, consumable items and maintenance services.

"The deal is an honor for Hyundai Motor because the contract shows the superior quality of Hyundai's Aero City buses is recognized by the citizens of Turkmenistan," a Hyundai Motor official said.

"We will continue our efforts to extend the supply deal that has continued since 2008."


Emailbaekby@koreatimes.co.kr Article ListMore articles by this reporter
 
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