Foreign media have reported that Hyundai Rotem’s plan to build a European tank production base in Poland is taking shape.
According to a report on the 11th (local time) by Japanese business outlet Nikkei Asia, the Polish government has granted tax benefits for local assembly of K2 tanks and local production of parts.
In a dispatch from Warsaw, the outlet reported, “As the Polish government grants tax benefits for local assembly of K2 tanks and local production of parts, Hyundai Rotem’s plan to build a European tank manufacturing base in Poland is gathering speed.”
The outlet reported that Hyundai Rotem’s K2 tanks are being modified to suit the Polish military.
However, the outlet pointed out that the plan’s success hinges on technology transfer. It also cited European Union (EU) rules on defense financing as a variable.
“Success depends on technology transfer and EU rules on defense financing,” the outlet said.
※ This article was written based on a report by Japan’s Nikkei Asia on November 11 (local time).