![Hyundai tucson](https://d1hv7ee95zft1i.cloudfront.net/custom/blog-post/original/5a30d03608730.jpg)
In line with government’s infrastructure program ‘Build, Build, Build’, Hyundai Asia Resources, Inc. (HARI) is planning to expand its capacity and resources to contribute in boosting transportation and construction in 2018, particularly in Mindanao.
As of now, HARI has 4 dealerships in Mindanao – Cagayan de Oro, General Santos, Davao and Zamboanga City. Based on regional growth statistics, Davao’s economic performance increased by 9.4% in 2016 due to its industry sector. With this, construction boosted 25.8% from 10.2% in the same year.
“Infrastructure helps in leveling the field for growth, allowing cities and provinces to maximize their full potential particularly for Mindanao. It’s encouraging not only for Hyundai, but for the rest of the business community to expand our presence in the country further.”
![](https://d1hv7ee95zft1i.cloudfront.net/custom/blog-post-photo/gallery/5a30d121374d0.jpg)
During the 2017 World Economic Forum Competitive Index, the country’s ranking is said to be dragged down due to the current weak state of infrastructure. Taking this into account, the government is expected to allocate P1-trillion for construction of main roads, bridges, seaports, and airports nationwide.
At this time, Hyundai is looking forward to its commercial division dealership facilities in 10 locations nationwide that is expected to be completed by the end of the 1st quarter of 2018. The said facilities are located in CALABARZON, Western Visayas, and Mindanao. Furthermore, the brand is also anticipating expansion in 20 more locations by 2020.
Latest News
-
Mitsubishi Triton Black Edition debuts in Thailand—Is the Philippines next? / News
Mitsubishi's latest Triton Black Edition hits the market in Thailand, featuring exclusive rear-wheel drive and a stylish dark theme.
-
Chevrolet unveils the 2025 Corvette ZR1 / News
With 1,064 hp and 1,122 Nm of torque on tap, the twin-turbo 2025 Corvette ZR1 is the most powerful Corvette ever built.
-
BYD stirs up local crossover segment with new Sealion 6 DM-i Advanced / News
BYD has officially pulled the covers off the Sealion 6 DM-i, with a retail price of P1,580,000.
Popular Articles
-
Cheapest cars under P700,000 in the Philippines
Aug 25, 2023
-
First car or next car, the Ford EcoSport is a tough package to beat
Jun 18, 2021
-
Car Maintenance checklist and guide – here’s everything you need to know
Earl Lee · Jan 12, 2021
-
Most fuel efficient family cars in the Philippines
Bryan Aaron Rivera · Nov 27, 2020
-
2021 Geely Okavango — Everything you need to know
Joey Deriquito · Nov 19, 2020
-
Family cars in the Philippines with the biggest trunks
Sep 20, 2023
-
Head to head: Toyota Rush vs. Suzuki XL7
Joey Deriquito · Oct 28, 2020
-
Why oil changes are important for your car
Earl Lee · Nov 10, 2020
-
2021 Kia Stonic — What you need to know about it
Joey Deriquito · Oct 16, 2020
-
Top 7 tips for buying a used car in the Philippines
Joey Deriquito · Nov 26, 2020