Recently, Hyundai Rotem successfully secured the largest-ever electric train project order from Morocco, and Acting President Choi Sang-mok, who is also the Minister of Ministry of Strategy and Finance, expressed gratitude to King Mohammed VI of Morocco.
According to the Ministry of Strategy and Finance on the 26th, Acting President Choi conveyed his appreciation in a letter sent to King Mohammed the previous day (local time), stating, "We are pleased that our corporations have been selected as the final contractor."
The electric train project secured by Hyundai Rotem amounts to 2.2 trillion won, making it the largest single contract for a railway vehicle project won by our corporations overseas.
In particular, since about 90% of the entire parts for the electric train will be supplied by over 200 domestic small and medium-sized enterprises, it is expected to contribute to the co-prosperity of domestic corporations.
A Ministry of Strategy and Finance official noted, "We plan to actively support the expansion of exports and overseas advancement of Korean corporations going forward."