Motor Industry appoints New Dealers In Kenya

Mr. Peter D’ Costa (right), the Managing Director of Regal Equipment Limited assists Mr. Sun Seog Park (left), the Hyundai Heavy Industries company General Manager to start a Hyundai forklift 50DF during the official launch of REL dealership that will see Regal Equipment become the official distributor of Hyundai in Kenya.

By Abel Muhatia

Regal Equipment limited are the official dealers of Hyundai Heavy Industries in the country.  This comes after an official appointment by the industry, in a bid to increase its markets in motor trade across the region.

In regard to the appointment the motor industry general manager Sun Seog said Kenya is fundamental in its expansion plans as it is the leading economy in East Africa.

“Kenya has  shown great potential for growth in the construction and mining indutries and hence our choice to invest in it” added Seog

He further noted its strategic location plus a well developed business infrustructure  as  a convinving factor hence allowing for faster penetration in the region.

Increased mining interests have also offered a great opportunity for the Heavy Industry machinery with various counties tapping into existing resources for growth and development.

On the other hand, Peter D’ Costa, the Managing Director Regal Equipment LTD expressed his trust that with these opportunities the company is eyeing at attaining 30% market share by the end of this year and 50% within the next 3-5 years.

“We anticipate being the top machine solution providers for all infrastructural and extracting developments in the region.” He stated

Through the Hyundai Heavy Industries dealership, hundreds of job opportunities will be created in the country and across borders.

Furthermore, the company is dedicated to promoting capacity building and contributing to the general development of the society through nurturing and supporting professionals.

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About the Author

Muhatia
Muhatia is the Managing Editor of Biz News Media Reach him via editor@biznews.co.ke