CzechInvest official: Hyundia investment would increase GDP by 1.5 percent

If the South Korean company Hyundai opens a car plant in Moravia Czech gross domestic product could increase by 1.5 percent in the year 2009, an official from state agency CzechInvest said on Czech Television on Sunday. A deal has been struck to buy land for the proposed plant, which would employee 3,000 people; a decision on whether it will be built is due by the end of the year.