Hyundai Livart to Undertake Temporary Construction for Saudi 'Amiral Project'

Order Received for Temporary Construction of Petrochemical Plant
Total Scale of 66.3 Billion KRW

Hyundai Livart has successfully secured a temporary construction contract for a petrochemical plant in Saudi Arabia. The interior company Hyundai Livart announced on the 26th that it signed a contract worth 66.3 billion KRW (50 million USD) for the 'Saudi Arabia Amiral Project Refinery Temporary Construction' together with Hyundai Construction and Hyundai Engineering. Temporary construction refers to preliminary work that establishes essential infrastructure such as accommodations, offices, and temporary roads needed for large-scale main construction projects in architecture, civil engineering, and refining.

Through this temporary construction contract, Hyundai Livart plans to build office spaces, auxiliary facilities, warehouses, and infrastructure for the refinery, as well as electrical and communication systems at the Saudi Arabia Amiral Project site by October next year.

Hyundai Livart's temporary construction site for the Majan (MIP) project in Saudi Arabia

The Amiral Project is a petrochemical plant construction project promoted by the oil company Saudi Aramco in the Jubail area of eastern Saudi Arabia. The project scale is 5 billion USD (approximately 6.4 trillion KRW), covering a site area of 670,000 square meters. In June, Hyundai Construction and Hyundai Engineering had already secured the entire construction project.

Including this Amiral Project temporary construction, Hyundai Livart's overseas construction project orders over the past three years amount to approximately 300 billion KRW. A Hyundai Livart official stated, "We won the project by being recognized for our construction execution capabilities demonstrated in previous Middle East construction projects during a competitive bidding process involving multiple local Middle Eastern construction companies."

Hyundai Livart also plans to pursue additional large-scale temporary construction projects in the Middle East region. A representative from Hyundai G.F. Holdings, the holding company of Hyundai Department Store Group, said, "We will continue to build unparalleled competitiveness in operating large-scale projects within the domestic furniture and interior industry based on overseas large-scale project execution and domestic office and built-in furniture supply."

This content was produced with the assistance of AI translation services.