Winning Consecutive Orders in Asia and Middle East Reaffirm Hyundai E&C’s Global Status

On September 16, Hyundai E&C received a Notification of Award (NOA) for the construction of Sections 4,5, and 6 of the Philippine Southern Urban Railway from the Philippines’ Department of Transportation. The Philippine Southern Urban Railway is a 56-kilometer-long project that connects downtown Manila to southern Calamba region. Hyundai E&C was in charge of three sections (out of a total of nine) spanning 32 kilometers. Hyundai E&C’s will own 90% of the stakes and will oversee the entire construction excluding some foundation works.

In 2020, Hyundai E&C successfully won The Philippines' North-South Commuter Railway project and was recognized for its construction know-how and technology. Hyundai E&C which has won a series of large-scale railway projects in the Philippines, is expected to dominate the country’s local market where large-scale developments are expected in the future.

There was a good news from Kuwait, too. Hyundai E&C received a Letter of Authorization (LOA) for the additional construction and renovation of facilities at the port of Shuwaikh in Kuwait ordered by the Kuwait Ports Authority. The 220 billion won project is to improve and expand the existing port of Shuwaikh (about 1.3km), and the construction will last for 36 months. Hyundai E&C participated in the bidding through a joint venture with a local specialized company and succeeded in winning the order in recognition of its differentiated competitiveness.

A company official said, "We have won construction orders one after another despite the shrinking global construction market due to the impact of Covid-19 and will continue to improve our status and position as a leading K-construction firm based on differentiated bidding strategy and technology of excellence.”