• Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line
Saudi Business News
Wednesday, May 14
00:48
33 °c
Riyadh
No Result
View All Result
Saudi Business News
  • Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line
No Result
View All Result
Saudi Business News
No Result
View All Result

HomeBusinessHD Hyundai Vice Chairman Discusses Business Cooperation with Saudi Arabia

HD Hyundai Vice Chairman Discusses Business Cooperation with Saudi Arabia

HD Hyundai Vice Chairman meets with Saudi Arabian Minister of Industry and Mineral Resources to strengthen business ties

May 10, 2024
in Business, Vision 2030
Reading Time: 1 min read
152
SHARES
1.9k
VIEWS
Share on FacebookShare on XShare on LinkedInShare on Telegram

HD Hyundai Vice Chairman Chung Ki-sun recently held a meeting with the Saudi Arabian Minister of Industry and Mineral Resources to discuss enhancing business cooperation between the two countries. The meeting took place at HD Hyundai Heavy Industries’ headquarters in Ulsan, South Korea, and was attended by H.E. Bandar Ibrahim Alkhorayef, the Saudi Minister of Industry and Mineral Resources, and H.H. Sultan Bin Khalid Al Saud, CEO of the Saudi Industrial Development Fund, along with Ju Yeong-min, president of HD Hyundai Oilbank.

During the meeting, Vice Chairman Chung and Minister Alkhorayef’s delegation reviewed the progress of various HD Hyundai projects in Saudi Arabia, including joint shipyards, engine joint ventures, hydrogen, and ammonia projects. They also discussed expanding cooperation related to the Saudi Vision 2030 project, specifically focusing on Neom City.

RelatedPosts

Private Aviation Expansion in Saudi Arabia: New Charter Rules

Saudi Arabia Startup Expansion: Key Steps for Success

Esports World Cup: Saudi Arabia’s $70M Gaming Investment

After the discussions, Vice Chairman Chung showcased HD Hyundai’s business competitiveness by providing a tour of HD Hyundai Heavy Industries’ shipbuilding site and HD Hyundai Electric’s smart transformer factory. This served as a demonstration of the company’s capabilities in the industry.

Vice Chairman Chung emphasized the long-standing relationship between HD Hyundai and Saudi Arabia and expressed their commitment to further expanding cooperation, particularly in shipbuilding and eco-friendly energy projects. He stated, “We will continue to seek opportunities for joint development while successfully carrying out current cooperation projects.”

Tags: business cooperationHD Hyundaihydrogensaudi arabiaSaudi Vision 2030shipbuilding
Share61Tweet38Share11Share

© 2025 Copyright, Saudi Business News

No Result
View All Result
  • Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line

© 2025 Copyright, Saudi Business News

Go to mobile version