Hyundai donates P50 million for storm victims

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President Benigno S. Aquino 3rd receives a P50-million donation from Hyundai for the vast government relief operations in areas ravaged by Super Typhoon ‘Yolanda’ in a ceremony at the Music Room of Malacañan Palace on Friday. In the photo are (L-R) Hyundai Motor Co. (HMC) General Manager Victor Mhun and Regional Director  Hoo- Keun Kim; Hyundai Asia Resources, Inc. (HARI) President & CEO Ma. Fe Perez-Agudo, Chairman Edward S. Go, and Chairman Emeritus Richard L. Lee; President Aquino; Trade and Industry Secretary Gregory Domingo; and Social Welfare and Development Undersecretary Parisya Taradji.

At the turn over ceremony in the Music Room of Malacanang Palace were (L-R) Hyundai Motor Company (HMC) General Manager Victor Mhun and Regional Director Hoo-Keun Kim; Hyundai Asia Resources, Inc. (HARI) President & CEO Ma. Fe Perez-Agudo, Chairman Edward S. Go, and Chairman Emeritus Richard L. Lee; HE President Benigno C. Aquino III; Trade and Industry Secretary Gregory Domingo; and Social Welfare and Development Undersecretary Parisya Taradji.

Korean auto giant, Hyundai Motor Group and its Philippine distributor Hyundai Asia Resources, Inc. (HARI) provided a total of P50 million in financial assistance to support disaster recovery efforts in the Philippines.

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HARI donated P25 million to aid the national government’s program of relief, reconstruction, and rehabilitation of the communities in the Visayas which were devastated by super-howler Yolanda.

The donation, extended through HARI Foundation, Inc. (HFI), was formally turned over by HARI Chairman Emeritus Richard Lee, Chairman Edward Go, President & CEO Ma. Fe Perez-Agudo, and HMC Asia & Pacific Regional Headquarters Head Hoo-Keun Kim and General Manager Victor Mhun to President Benigno Aquino 3rd, Trade and Industry Secretary Gregory Domingo, and Social Welfare and Development Undersecretary Parisya Taradji at Malacañang Palace on Friday. This financial aid signifies Hyundai’s solidarity with the Filipino nation to achieve in the most effective, consistent, and wide-impact manner the full and swift recovery of typhoon-hit Leyte, Iloilo, and Cebu.

In addition, the 41 Hyundai dealerships all over the country are setting up Sagip Boxes for the contributions of their customers and the general public to help sustain the entire nation’s efforts to bring help and hope to the ravaged provinces.

According to Perez-Agudo, “We empathize with our countrymen in these most trying of times, with a sincere hope and prayer that we will rise above all these and shine with pride and honor as a Filipino winning against all odds. We are confident in the government’s resolve to facilitate enabling measures to fast track recovery.”

HARI appreciates and commends the depth and magnitude of international response and cooperation—from bilateral and multilateral donors, NGOs, international corporations, particularly those with local presence; and highlights the aid of $600,000 (equivalent to P25 million) extended by Hyundai Motor Co. (HMC) and Kia Motors Corp. (KMC) to the Philippine Red Cross. The donation demonstrates unprecedented global and regional concern for the effects and outcome of Typhoon Yolanda on the Philippines and its people.

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