HD Hyundai Construction Equipment Wins Order for 100 Medium and Large Excavators in Saudi Arabia
22-ton and 50-ton Excavators Scheduled for Sequential Supply
HD Hyundai Construction Equipment recently announced on the 14th that it has signed a contract to supply 100 medium and large excavators to 'Al Raf Contracting,' a comprehensive construction company in Saudi Arabia.
The company will sequentially supply a total of 100 construction machines, including 70 units of 22-ton excavators and 30 units of 50-ton excavators, by February next year. These machines are expected to be deployed to construct underground water pipelines along a 400km section from Dammam to Riyadh in the eastern region of Saudi Arabia.
50-ton excavator supplied by HD Hyundai Construction Equipment to Saudi Arabia /
[Photo by HD Hyundai Construction Equipment]
HD Hyundai Construction Equipment is continuing its large-scale order achievements in the Saudi Arabian construction machinery market this year. In August, it signed a contract to supply 50 medium and large excavators and wheel loaders for the NEOM City project, and it expects to secure 800 units in Saudi Arabia alone by the end of the year.
This success is the result of securing differentiated competitiveness by continuously developing locally customized products and quickly responding to short delivery schedules through a global supply chain. Since entering Saudi Arabia in 1991, operating six bases, strengthening local services, and building brand trust have also been factors that earned positive evaluations in the market.
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The demand for construction machinery in Saudi Arabia is expected to continue its high growth trend in the future. Recently, the Overseas Construction Policy Support Center predicted that the Saudi construction market will grow by 5% annually until 2027. In the case of NEOM City, scheduled for completion in 2030, more than 6,000 construction machines were deployed last year alone, indicating steady orders will continue.
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