Rabat: ‘It is impressive to see Morocco’s ability to steadily pursue a long-term development plan, thanks to the Leadership of His Majesty the King,’ said Kim, head of rail solutions at Hyundai Rotem, in an interview with MAP on the occasion of the celebration of the Glorious Throne Day.

According to Agence Marocaine De Presse, Kim expressed admiration for the harmonious development of several sectors in Morocco over the past two decades and the Kingdom’s resilience in the face of the COVID-19 pandemic. He emphasized that Morocco represents a strategic long-term market for Hyundai Rotem, offering numerous opportunities for industrial and technological partnerships.

Kim highlighted Hyundai Rotem’s commitment to the Moroccan market, noting the recent signing of a contract with the National Railways Office (ONCF) for the delivery of RER trains as a concrete milestone in their collaboration efforts. He reaffirmed the group’s intention to be part of a sustainable cooperation dynamic.

Kim also expressed interest in the Morocco Rail Plan 2040, describing it as an ‘ambitious roadmap’ for expanding the Kingdom’s railway network. He emphasized Hyundai Rotem’s desire to actively contribute to this plan.

The Korean official pointed out Morocco’s political and economic stability as key factors in attracting foreign investors. He cited the example of Korean company Hands Corporation, which has established a car parts manufacturing plant in Morocco exclusively for the European market, as a successful cooperation model they aim to replicate.

Aware of Morocco’s prioritization of renewable energies and its potential in green hydrogen, Kim identified this sector as a promising area for future cooperation.