Hyundai a govt partner in 23rd WEF-East Asia

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Korean auto giant Hyundai formally turned over the Grand Santa Fe and Grand Starex units to be used as official transport for the Asean Finance Ministers’ Investor Seminar (AFMIS) to be held on May 20, and the 23rd World Economic Forum on East Asia (WEF-EA) on May 21 to 23. It is the first time the Philippines will play host to the WEF-EA.

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At the turnover ceremony on Friday were Hyundai executives led by Hoo-Keun Kim, head of Hyundai Motor Co. (HMC) Asia and Pacific Regional Office; Hyundai Asia and Resources Inc. (HARI) board members led by President and Chief Executive Ma. Fe Perez-Agudo; and Department of Finance (DOF) official led by National Treasurer Rosalia de Leon.

Kim congratulated the official distributor of Hyundai vehicles in the Philippines for this milestone, saying, “The Philippines has been a consistent contributor to the growth of the Hyundai brand in Asia-Pacific.”

For her part, Agudo said: “True to our commitment to support the drive of the national government toward sustainable inclusive growth, we look forward to the establishment of a fair, transparent, and competitive market that fosters competition and upholds consumer welfare. This is an advocacy closest to the heart of Hyundai Asia Resources Inc. as a major player in the Philippine automotive industry.”

“In the spirit of the Hyundai brand slogan ‘New Thinking. New Possibilities,’ we join the entire Filipino business community in our shared aspiration to take the region forward and redefine it in the Asean way,” Agudo said.

Eleven Hyundai Grand Santa Fe units will be at the service of finance ministers of the 10 member countries of the Asean for the AFMIS, while 52 Grand Starex units have been appointed to transport official WEF-EA 2014 delegates.

Also, Hyundai was the official mobility partner of the 45th Asian Development Bank (ADB) Annual Meeting of Board of Governors last April 2012. A fleet of Hyundai Grand Starex units transported 4,000 delegates, including finance and economic ministers from 67 ADB member countries.

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