Hyundai Unveils $5m Assembly Plant In Mozambique
Hyundai, a South Korean automotive manufacturer, has unveiled a $5.45 million Hyundai car assembly plant in Mozambique’s capital city, Maputo.
“The plant has an installed capacity to assemble 4,500 cars per year and in an initial phase will assemble five vehicles per day, which will increase to 1,200 units in 2015 and 2,500 in 2016,” said the Somyoung Motors in a statement.
Mozambique’s economic growth has been.... Read more »
Posted on : Monday , 24th November 2014