Hyundai Engineering & Construction Co., Ltd.'s expansion of partnerships with global alliances spur market-tailored targeting

Oct 21, 2025

Hyundai Engineering & Construction is strengthening its global key player position by expanding partnerships with leading overseas companies.

Hyundai E&C signed a memorandum of understanding (MOU) at the Grand Hyatt Hotel in Yongsan-gu, Seoul on the 20th, attended by major executives, including CEO Lee Han-woo, and key figures from Saudi strategic partners, and agreed to strengthen mutual cooperation on Hyundai E&C's plant projects in Saudi Arabia.

Hyundai Engineering & Construction has signed an MOU with a total of seven suppliers, including Hitachi Energy KSA (ultra-high-pressure gas insulation opening and closing device), Flowserve Aluside (pump facility), Yokogawa Saudi (analyzer), Reda Hazard Control (fire prevention, safety and security solution), AVK SVM (industrial valve), Petra (cooling and heating air conditioning facility), and Saudi Diesel (diesel generator).




Hyundai E&C is a partner in the construction EPC sector of Aramco's mid- to long-term growth project Namat program as well as the core infrastructure project of the Saudi government 'Vision 2030' and is carrying out various projects in Saudi Arabia and the Middle East. In particular, Saudi strategic partners have been selected since last year to strengthen their competitiveness in order to secure stable work in large petrochemical plant projects that are expected to be ordered in the mid- to long-term.

The MOU was also held as part of the Saudi Strategic Partner Partnership Program, which will run for two days from the 20th, and Hyundai Engineering & Construction has invited executives of seven partners to Korea to prepare various schedules such as interviews with management, dinner events, major facilities, and K-cultural experiences to strengthen trust and ties.

Meanwhile, since Hyundai Engineering & Construction first entered Saudi Arabia as a naval base maritime corporation in 1975, it has built more than 170 major infrastructure and landmarks, including the Jubale Industrial Port, the Ministry of Home Affairs' main office, and the Karan gas processing facility for half a century. In particular, in the plant sector, since 2019, Aramco has carried out mega projects worth $6.5 billion, including Mazan oil treatment facilities, Zapra utilities and auxiliary facilities, and Amiral petrochemical plants, continuing an unrivaled trust relationship.
Hyundai Engineering & Construction Co., Ltd.'s expansion of partnerships with global alliances spur market-tailored targeting
[Photo provided by Hyundai E&C CEO Lee Han-woo (fourth from left) and representatives of seven Saudi strategic partners are taking commemorative photos after signing a memorandum of understanding (MOU) at the Grand Hyatt Hotel located in Yongsan-gu, Seoul. From left are Hitachi Energy KSA, Flowserve Aluside, Yokogawa Saudis, Reda Hazard Control, Saudi Diesel, AVK SVM and Petra.





This article was translated by Naver AI translator.