Hyundai Heavy to build engine plant in Saudi Arabia

The South Korean shipyard has signed a memorandum of understanding with companies including oil player Saudi Aramco to establish a new plant to manufacture marine engines and power plants.
Hyundai Heavy Industries | Photo: Lee Jin-man/AP/POLFOTO/arkiv
Hyundai Heavy Industries | Photo: Lee Jin-man/AP/POLFOTO/arkiv

Hyundai Heavy Industries will join forces with players such as state-owned Arab oil company Saudi Aramco to construct a new factory in Saudi Arabia to manufacture engines for marine vessels and power plants.

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