Last May 1st~3rd, Madame Park Guen Hye, President of  Republic of Korea, made a state visit to the Islamic Republic of Iran and met  with  President Hassan Rouhani and she also hosted business roundtables in Teheran attended by leading business leaders of the two countries.

As a member of  this economic summit delegation, Dr. Jae Hak Kim, CEO of Higen Motor, met  with the leaders of Iranian motor industry to discuss technology collaboration in support of local production and sales programs.
Higen Motor has been exporting explosion proof motors  and other technology products in Iran such as NIOPDC, national Iranian company over many years.
When the Iranian economic sanction is finally lifted, Higen expects to accelerate its role very actively in a variety of business schemes such as technology transfer, key components export on a CKD or SKD basis and local joint venture to assemble and market the final products locally on wider range of Higen products additionally such as servo motors, traction machines as well .