Hyundai Kia chief is interested in Russian support in Yeosu EXPO bid
Chung Mong-gyu, 69, chief of the Hyundai KIA, who is also the honorary chairman of the bid committee for the holding of World Expo-2012 in the city of Yeosu, has left for Russia to get its support for the bid.
Before the end of the week, the newspaper Korea Times writes on Thursday, Mr. Chung intends to meet in Moscow with the government officials of Russia which, as Hyundai KIA analysts believe, wields great influence among the member-countries of the Commonwealth of Independent States. Previously the businessman visited the United States, Canada, France, the Czech Republic, and Slovakia in October on similar missions.
The Polish Wroclaw and the Moroccan Tangier are rivals of the seaside city of Yeosu, which is situated on the southernmost tip of the Korean Peninsula, 455 kilometres south of Seoul. A winner is to be determined through voting by the member-countries of the International Exhibitions Bureau at a session in Paris from November 26 to 27.
Mr. Chung intends to avail himself of his stay in Moscow for business interests as well. In particular, he is to discuss the state of affairs and Hyundai KIA strategy in Russia and Eastern European countries.