Refining & Petrochemicals Middle East
Hyundai Engineering & Construction
Hyundai Engineering and Construction Co., Ltd. is a major construction company in South Korea. The company was founded by Chung Ju-yung in 1947 as the Hyundai Civil Works Company and was a major component of the Hyundai Group. Hyundai Construction and Hyundai Engineering merged in 1999.
In 2021, the company for the first time in its history bagged an order in Peru for a ‘Site Preparation for the Chinchero International Airport’, securing a comparative advantage in the infrastructure market as well as a deal on construction of ‘Rafha 380KV substation’ in the company’s traditional stronghold of Saudi Arabia. Prior to this, in 2020, the company bagged orders for constructing the Panama Metro Line 3, Qatar’s Lusail Tower in the overseas construction market despite COVID-19 and low oil prices, recording a huge order log of $ 6.45, attesting to its power as the “big brother” in the Korean construction sector.