Hyundai Rotem, the train manufacturing subsidiary of Hyundai Motor Group, has secured a monumental contract worth 2.2 trillion won ($1.53 billion) to supply advanced double-decker electric trains to Morocco’s national railway operator, ONCF. This deal represents the largest railway vehicle contract ever awarded to a Korean company in an overseas market. Acting President Choi Sang-mok conveyed appreciation to King Mohammed VI of Morocco for the trust in Korea's advanced industries, further enhancing bilateral economic cooperation. The agreement is not only pivotal for international trade but also has significant implications for Korea's economy, as 90% of the train components will be sourced locally from around 200 SMEs, fostering growth and collaboration. Hyundai Rotem's global leadership in the railway sector is reinforced by its history of supplying high-speed trains and locomotives worldwide. Additionally, the company's commitment to sustainability is evident through the development of hydrogen-powered trains and defense technology like the K3 hydrogen-powered main battle tank, aligning with global carbon neutrality objectives.