{"id":37134,"date":"2025-10-28T15:37:27","date_gmt":"2025-10-28T08:37:27","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=37134"},"modified":"2025-10-28T15:37:27","modified_gmt":"2025-10-28T08:37:27","slug":"hyundai-motor-group-executive-chair-euisun-chung-meets-hrh-the-crown-prince-reviews-new-plant-construction-and-group-growth-strategy","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=37134","title":{"rendered":"Hyundai Motor Group Executive Chair Euisun Chung Meets HRH the Crown Prince, Reviews New Plant Construction and Group Growth Strategy"},"content":{"rendered":"<ul type=\"disc\">\n<li>Executive Chair Chung discusses multifaceted cooperation with HRH the Crown Prince<\/li>\n<li>Explains collaboration initiatives and plans as strategic partner in realizing <span class=\"xn-location\">Saudi Arabia&#8217;s<\/span> future vision for mobility and other areas<\/li>\n<li>Exchanges views on Saudi Vision 2030 and expresses expectation for expanded cooperation in future energy sectors\u00a0<\/li>\n<li>Executive Chair Chung Reviews Hyundai Motor&#8217;s local plant construction site and Hyundai Motor Group&#8217;s mid- to long-term strategy<\/li>\n<li>Hyundai Motor Group expands cooperation with major Saudi institutions in mobility, smart cities, and other sectors<\/li>\n<\/ul>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SEOUL<\/span>, South Korea\u00a0and <span class=\"xn-location\">RIYADH<\/span>, Saudi Arabia\u00a0<\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 28, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0Hyundai Motor Group Executive Chair\u00a0Euisun Chung visited <span class=\"xn-location\">Saudi Arabia<\/span>, the <span class=\"xn-location\">Middle East&#8217;s<\/span> largest economy and a nation undergoing major industrial transformation.\u00a0Chung met with His Royal Highness Prince <span class=\"xn-person\">Mohammed bin Salman bin Abdulaziz Al Saud<\/span>, Crown Prince and Prime Minister of <span class=\"xn-location\">Saudi Arabia<\/span>, to review the Group&#8217;s local growth strategy and explore future business opportunities.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2806839\/Image_1__HMG_Executive_Chair_Visits_Saudi_Arabia.html\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2806839\/Image_1__HMG_Executive_Chair_Visits_Saudi_Arabia.jpg?p=medium600\" title=\"Executive Chair Euisun Chung and Jos\u00e9 Mu\u00f1oz, President and CEO of Hyundai Motor Company, are briefed by HMMME Head Wonkyn Park on the progress of the new plant in Saudi Arabia\" alt=\"Executive Chair Euisun Chung and Jos\u00e9 Mu\u00f1oz, President and CEO of Hyundai Motor Company, are briefed by HMMME Head Wonkyn Park on the progress of the new plant in Saudi Arabia\" \/> <\/a> <br \/><span>Executive Chair Euisun Chung and Jos\u00e9 Mu\u00f1oz, President and CEO of Hyundai Motor Company, are briefed by HMMME Head Wonkyn Park on the progress of the new plant in Saudi Arabia<\/span><\/p>\n<\/div>\n<p>During his visit, Executive Chair Chung held discussions with HRH the Crown Prince covering a wide range of topics including the automotive industry and smart cities. This marked the first one-on-one meeting between the two leaders, though they had previously met twice, including during the Crown Prince&#8217;s 2022 visit to Korea.<\/p>\n<p>&#8220;Hyundai Motor Group deeply understands the meaning and importance of Saudi Vision 2030,&#8221; said Executive Chair Chung.&#8221; Based on our competitive business capabilities, we are participating in <span class=\"xn-location\">Saudi Arabia&#8217;s<\/span> giga projects and look forward to expanding collaboration in future energy sectors including renewable energy, hydrogen, Small Modular Reactor (SMR), and nuclear energy.&#8221;<\/p>\n<p><b>Strategic Partnership for Vision 2030<\/b><\/p>\n<p><span class=\"xn-location\">Saudi Arabia<\/span> is pursuing &#8220;Vision 2030,&#8221; a national development project aimed at diversifying its economy from energy-focused industries toward manufacturing and hydrogen energy. The kingdom is hosting international events including the World Expo and FIFA World Cup, positioning itself as one of the world&#8217;s most prominent emerging economies.<\/p>\n<p>As the <span class=\"xn-location\">Middle East&#8217;s<\/span> largest automotive market, <span class=\"xn-location\">Saudi Arabia<\/span> is actively attracting global automakers, including Hyundai Motor Company, with the long-term goal of becoming an automotive hub serving not only the <span class=\"xn-location\">Middle East<\/span> but also <span class=\"xn-location\">North Africa<\/span>.<\/p>\n<p>Executive Chair Chung expressed gratitude for the Saudi government&#8217;s continued interest and support, outlining Hyundai Motor Group&#8217;s ongoing collaborative projects and future plans as a partner in realizing <span class=\"xn-location\">Saudi Arabia&#8217;s<\/span> vision for mobility and other sectors.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2806840\/Image_6__Hyundai_Motor_Manufacturing_Middle_East__HMMME.html\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2806840\/Image_6__Hyundai_Motor_Manufacturing_Middle_East__HMMME.jpg?p=medium600\" title=\"Exterior view of HMMME\" alt=\"Exterior view of HMMME\" \/> <\/a> <br \/><span>Exterior view of HMMME<\/span><\/p>\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2806841\/Press_Release_HMG_Executive_Chair_Euisun_Chung_Meets_HRH_the_Crown_Prince__Reviews_New_Plant_Constru.pdf?p=original\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2806841\/Press_Release_HMG_Executive_Chair_Euisun_Chung_Meets_HRH_the_Crown_Prince__Reviews_New_Plant_Constru.pdf?p=pdfthumbnail\" title=\"\" alt=\"\" \/> <\/a> <br \/><span><\/span><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<ul type=\"disc\">\n<li>Executive Chair Chung discusses multifaceted cooperation with HRH the Crown Prince<\/li>\n<li>Explains collaboration initiatives and plans as strategic partner in realizing <span class=\"xn-location\">Saudi Arabia&#8217;s<\/span> future vision for mobility and other areas<\/li>\n<li>Exchanges views on Saudi Vision 2030 and expresses expectation for expanded cooperation in future energy sectors\u00a0<\/li>\n<li>Executive Chair Chung Reviews Hyundai Motor&#8217;s local plant construction site and Hyundai Motor Group&#8217;s mid- to long-term strategy<\/li>\n<li>Hyundai Motor Group expands cooperation with major Saudi institutions in mobility, smart cities, and other sectors<\/li>\n<\/ul>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SEOUL<\/span>, South Korea\u00a0and <span class=\"xn-location\">RIYADH<\/span>, Saudi Arabia\u00a0<\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 28, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0Hyundai Motor Group Executive Chair\u00a0Euisun Chung visited <span class=\"xn-location\">Saudi Arabia<\/span>, the <span class=\"xn-location\">Middle East&#8217;s<\/span> largest economy and a nation undergoing major industrial transformation.\u00a0Chung met with His Royal Highness Prince <span class=\"xn-person\">Mohammed bin Salman bin Abdulaziz Al Saud<\/span>, Crown Prince and Prime Minister of <span class=\"xn-location\">Saudi Arabia<\/span>, to review the Group&#8217;s local growth strategy and explore future business opportunities.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2806839\/Image_1__HMG_Executive_Chair_Visits_Saudi_Arabia.html\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2806839\/Image_1__HMG_Executive_Chair_Visits_Saudi_Arabia.jpg?p=medium600\" title=\"Executive Chair Euisun Chung and Jos\u00e9 Mu\u00f1oz, President and CEO of Hyundai Motor Company, are briefed by HMMME Head Wonkyn Park on the progress of the new plant in Saudi Arabia\" alt=\"Executive Chair Euisun Chung and Jos\u00e9 Mu\u00f1oz, President and CEO of Hyundai Motor Company, are briefed by HMMME Head Wonkyn Park on the progress of the new plant in Saudi Arabia\" \/> <\/a> <br \/><span>Executive Chair Euisun Chung and Jos\u00e9 Mu\u00f1oz, President and CEO of Hyundai Motor Company, are briefed by HMMME Head Wonkyn Park on the progress of the new plant in Saudi Arabia<\/span><\/p>\n<\/div>\n<p>During his visit, Executive Chair Chung held discussions with HRH the Crown Prince covering a wide range of topics including the automotive industry and smart cities. This marked the first one-on-one meeting between the two leaders, though they had previously met twice, including during the Crown Prince&#8217;s 2022 visit to Korea.<\/p>\n<p>&#8220;Hyundai Motor Group deeply understands the meaning and importance of Saudi Vision 2030,&#8221; said Executive Chair Chung.&#8221; Based on our competitive business capabilities, we are participating in <span class=\"xn-location\">Saudi Arabia&#8217;s<\/span> giga projects and look forward to expanding collaboration in future energy sectors including renewable energy, hydrogen, Small Modular Reactor (SMR), and nuclear energy.&#8221;<\/p>\n<p><b>Strategic Partnership for Vision 2030<\/b><\/p>\n<p><span class=\"xn-location\">Saudi Arabia<\/span> is pursuing &#8220;Vision 2030,&#8221; a national development project aimed at diversifying its economy from energy-focused industries toward manufacturing and hydrogen energy. The kingdom is hosting international events including the World Expo and FIFA World Cup, positioning itself as one of the world&#8217;s most prominent emerging economies.<\/p>\n<p>As the <span class=\"xn-location\">Middle East&#8217;s<\/span> largest automotive market, <span class=\"xn-location\">Saudi Arabia<\/span> is actively attracting global automakers, including Hyundai Motor Company, with the long-term goal of becoming an automotive hub serving not only the <span class=\"xn-location\">Middle East<\/span> but also <span class=\"xn-location\">North Africa<\/span>.<\/p>\n<p>Executive Chair Chung expressed gratitude for the Saudi government&#8217;s continued interest and support, outlining Hyundai Motor Group&#8217;s ongoing collaborative projects and future plans as a partner in realizing <span class=\"xn-location\">Saudi Arabia&#8217;s<\/span> vision for mobility and other sectors.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2806840\/Image_6__Hyundai_Motor_Manufacturing_Middle_East__HMMME.html\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2806840\/Image_6__Hyundai_Motor_Manufacturing_Middle_East__HMMME.jpg?p=medium600\" title=\"Exterior view of HMMME\" alt=\"Exterior view of HMMME\" \/> <\/a> <br \/><span>Exterior view of HMMME<\/span><\/p>\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2806841\/Press_Release_HMG_Executive_Chair_Euisun_Chung_Meets_HRH_the_Crown_Prince__Reviews_New_Plant_Constru.pdf?p=original\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2806841\/Press_Release_HMG_Executive_Chair_Euisun_Chung_Meets_HRH_the_Crown_Prince__Reviews_New_Plant_Constru.pdf?p=pdfthumbnail\" title=\"\" alt=\"\" \/> <\/a> <br \/><span><\/span><\/p>\n<\/div>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-37134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/37134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37134"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/37134\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}