Chairman Chung Eui-sun's First Overseas Business Trip This Year, Meeting with Singapore Prime Minister

Chairman Chung Eui-sun (left) and Chan Chun Sing, Singapore Minister for Trade and Industry (Source: Minister Chan Chun Sing's Facebook)

[Asia Economy Reporter Changhwan Lee] Chung Euisun, Chairman of Hyundai Motor Group, recently visited Singapore and held successive meetings with Prime Minister Lee Hsien Loong and Minister of Trade and Industry Chan Chun Sing.

According to related industries on the 29th, Chairman Chung visited Singapore from the 24th to the 27th, toured the construction site of the Global Innovation Center (HMGICS) within the Jurong Innovation District, and met sequentially with Prime Minister Lee and Minister Chan.

This trip to Singapore was his first business trip in over a year since early last year. Chairman Chung had refrained from overseas trips due to COVID-19. It was also his first overseas trip since assuming the chairmanship last October.

During the meeting with Prime Minister Lee, Chairman Chung shared plans for business promotion through HMGICS, efforts and vision to transform into a future mobility solutions company, and reportedly requested cooperation from the Singapore government.

After the meeting with Chairman Chung, Minister Chan posted on his Facebook, saying, "I talked with Chairman Chung about the prospects and opportunities for various mobility solutions such as electric vehicles, autonomous vehicles, and unmanned aerial vehicles," along with a photo taken together.

Minister Chan stated, "The (Singapore) government is striving to build a regional electric vehicle ecosystem with partner companies like Hyundai Motor. Once HMGICS is established, it will create exciting opportunities for Singaporeans as well. I hope Hyundai continues to discover new business opportunities here to develop and test frontier technologies."

It is known that Chairman Chung has started expanding the business by recruiting personnel to be in charge of the Singapore innovation project immediately after this visit.

This content was produced with the assistance of AI translation services.