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Home Topics Hyundai

Hyundai Motor, Turkmenistan Signs $60 Mil Supply Deal for 400 Buses

KoreaTechToday Editor by KoreaTechToday Editor
PUBLISHED: March 16, 2020 UPDATED: March 18, 2020
in Hyundai, transport, Turkmenistan
0
aero-city-bus-2020
Hyundai Motor signs $60 million (72.7 billion won) worth of supply deal with Turkmenistan’s Ministry of Transport to deliver 400 buses. / photo courtesy of Hyundai Motor

Hyundai Motor signs $60 million (72.7 billion won) worth of supply deal with Turkmenistan’s Ministry of Transport to deliver 400 buses. / photo courtesy of Hyundai Motor

Hyundai Motor, South Korea’s largest car manufacturer, announced on March 15 that it signed $60 million (72.7 billion won) worth supply deal with Turkmenistan’s Ministry of Transport to deliver 400 buses.

The automobile maker said it would supply its New Super Aero City buses to Turkmenistan in cooperation with Hyundai Corporation. The deal is the second-biggest contract since the company first provided its buses to the Central Asian country.

The company’s first overseas deal provided a $66 million (81 billion won) order for 500 buses to the Turkmenistan government in 2016. Since Hyundai Motor’s first supply contract in Turkmenistan, the carmaker has sold over 1,200 buses to the country.

Hyundai Motor's previous Aero City bus model.
Hyundai Motor’s previous Aero City bus model.

According to Hyundai Motor, all current operational city buses on the streets of Ashgabat, Turkmenistan’s capital city, are Hyundai Aero City buses. The new batch of vehicles would also have the same purpose.

The Korean company integrated the New Super Aero City buses with upgraded safety features compared to previous models. The buses would include rear-view cameras, rear warning systems, and cross-traffic alert functions. The all-new buses also come with Hyundai’s modern engines that comply with the European Union’s Euro-4 emission standards established in 2005.

Day of Neutrality

Hyundai Motor would start manufacturing the new buses in May and would deliver completely before December 12, Turkmenistan’s 25th anniversary of the Day of Neutrality.

The company stated that it contributed significantly to the development of the country’s mass public transport infrastructure. Hyundai Motor also offered consumable items, components, and maintenance services for its buses used.

A Hyundai Motor official said that the deal honors the company because the contract demonstrates the superior quality of Hyundai’s Aero City buses. The official added that citizens of Turkmenistan also give recognition to the buses for their reliability.

In addition, the official assured that Hyundai Motor would continue with its effort to extend the supply contract that has since started in 2008.

Tags: Aero City bushyundaiHyundai MotorTurkmenistan

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