HD Hyundai Infracore to supply construction equipment to Saudi Arabia

Quick Summary:

South Korea's HD Hyundai Infracore Co.announced on Tuesday that it signed a contract to supply 100 excavators and wheel loaders to Saudi Arabia's leading construction firms, Saudi Pan Kingdom Company (SAPAC) and Nesma & Partners Contracting.

The company has strengthened its sales force and regional expertise in Saudi Arabia, which is expanding its transportation infrastructure for the Riyadh Expo 2030 following the construction of the futuristic new city project Neom City.

Under this contract, HD Hyundai Infracore will sequentially supply 100 units by the end of this month, including 20 large 50-ton excavators, 40 medium-sized 20-ton excavators, and 40 large wheel loaders.

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Article Details

Category: Economy

Markets: South KoreaSaudi Arabia

Topics: Infracore Contract Construction Korea Excavators Riyadh Saudi Supply Wheel Project Hyundai

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-20 @ 16:14:55 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 163 words

Reading Time: 1 minutes read

Sentences: 13 lines

Sentence Length: 13 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 22169408

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