Most Popular
-
1
Jung's paternity reveal exposes where Korea stands on extramarital babies
-
2
Samsung entangled in legal risks amid calls for drastic reform
-
3
Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
-
4
[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
![[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/26/20241126050017_0.jpg&u=20241126161719)
-
5
Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
![[Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/26/20241126050017_0.jpg&u=20241126161719)
-
6
[Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle
![[Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/26/20241126050043_0.jpg&u=20241126145342)
-
7
K-pop fandoms wield growing influence over industry decisions
-
8
Korea's auto industry braces for Trump’s massive tariffs in Mexico
-
9
[Graphic News] International marriages on rise in Korea
![[Graphic News] International marriages on rise in Korea](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/25/20241125050091_0.gif&u=)
-
10
Seoul's first snowfall could hit hard, warns weather agency
![[Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/26/20241126050043_0.jpg&u=20241126145342)
![[Graphic News] International marriages on rise in Korea](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/25/20241125050091_0.gif&u=)
SsangYong Motor, the local unit of India’s Mahindra & Mahindra, will start 2018 by re-entering the lucrative Sudanese market after eight years, seeking to expand its market share in Africa, the company said Friday.
The decision came after the US lifted economic sanctions against Sudan in October 2016 after some 20 years.
Starting with the Korando Sports pickup truck, which will go be called Actyon Sports there, and the Korando Turismo multipurpose vehicle, the company plans to export some 2,400 units to Sudan by 2019.
“The company will try to expand into Africa and the Middle East, starting with re-entering Sudan in the first half of next year,” said SsangYong Motor CEO Choi Johng-shik.
The decision came after the US lifted economic sanctions against Sudan in October 2016 after some 20 years.
Starting with the Korando Sports pickup truck, which will go be called Actyon Sports there, and the Korando Turismo multipurpose vehicle, the company plans to export some 2,400 units to Sudan by 2019.
“The company will try to expand into Africa and the Middle East, starting with re-entering Sudan in the first half of next year,” said SsangYong Motor CEO Choi Johng-shik.
SsangYong Motor recently signed a dealership contract with Sudanese dealer Giad Motor to sell its vehicles there from February 2018, the company said.
Connecting the Middle East and Africa, Sudan is a rising as a strategically important location for trade.
The five-year economic development plan that the Sudanese government has been pushing since 2015 is also widely expected to foster growth.
By Kim Bo-gyung (lisakim425@heraldcorp.com)
