Saudi’s Rafha 380kV Substation Construction was Hyundai E&C’s first overseas project this year, secured in January following the latest order ‘Hail Substation~Al Jouf Substation 380kV Transmission Line Construction’ Project in Saudi Arabia. Hyundai E&C signed 2 construction projects worth 208.2 billion won with Saudi Electric Corporation this year, proving itself to be a powerful leader in the Saudi’s transmission〮substation sector.

In particular, as for the Rafha 380kV substation construction project, Hyundai E&C overcame the low-price bidding trends coming from the local and Indian players in the recent Saudi transmission〮substation market and has been well aligned with the Saudi localization policy stressed by the recent Saudi government. This will allow Hyundai E&C to further strengthen relations and trust with Saudi Electric Corporation and secure a comparative advantage to win new orders in the future.