Hyundai Motor Signs a Contract to Provide 500 Units of
New Super Aero City Buses to Turkmenistan Government
• Hyundai Motor will supply 500 units of New Super Aero City buses by 2017
• The contract between Hyundai Motor and Turkmenistan government is worth 66 million USD, the largest bus contract for Hyundai Motor on supplying a single bus model to a foreign country
June 7, 2016 –Hyundai Motor signed a contract to provide 500 units of New Super Aero City buses to Turkmenistan Ministry of Motor Transport. These 27 seater New Super Aero City buses will be used as city and intercity buses and for the 2017 Asian Indoor and Martial Arts Games*, a multi-sport event which will be held in Ashgabat next year.
The contract, which is worth 66 million USD and first discussed at the bilateral economic summit between Korea and Turkmenistan in 2014, is the largest bus contract for Hyundai Motor on supplying a single bus model to a foreign country.
The Turkmenistan government is currently carrying out measures to improve the transportation system by replacing aging buses in the run up to the 2017 Asian Indoor and Martial Arts Games. Hyundai Motor will start production of the buses in July and complete the delivery of the buses before the start of aforesaid Games in September, 2017. The buses will be optimized to fit the climate conditions of the country.
Hyundai Motor has already provided to Turkmenistan government with 490 units and 200 units of Aero City buses in 2009 and 2012, respectively. By supplying more buses to Turkmenistan, Hyundai Motor expects to raise brand awareness in the country and boost sales of Hyundai buses in Central Asian countries.
*Asian Indoor and Martial Arts Games: a new multi-sport event which had its debut in 2013, among athletes representing countries from Asia, after the merger of the Asian Indoor Games and the Asian Martial Arts Games.
About Hyundai Motor
Established in 1967, Hyundai Motor Company is committed to becoming a lifetime partner in automobiles and beyond. The company leads the Hyundai Motor Group, an innovative business structure capable of circulating resources from molten iron to finished cars. Hyundai Motor has eight manufacturing bases and seven design & technical centers worldwide and in 2015 sold 4.96 million vehicles globally. With more than 110,000 employees worldwide, Hyundai Motor continues to enhance its product line-up with localized models and strives to strengthen its leadership in clean technology, starting with the world’s first mass-produced hydrogen-powered vehicle, ix35 Fuel Cell and IONIQ, the world’s first model with three electrified powertrains in a single body type.