HD Hyundai Construction Equipment Secures Large Orders Early in the Year... Supplying 122 Excavators to the Philippines
Deployed for Flood Prevention Works on Mindoro Island
"We Aim to Expand Our Market Share in Southeast Asia"
HD Hyundai Construction Equipment has achieved its first success of the year by winning a large-scale construction equipment bid from the Philippine government.
HD Hyundai Construction Equipment announced on the 19th that it recently won the bid for medium-sized excavators issued by the Philippine Department of Public Works and Highways. The order consists of a total of 122 units, including 48 units of 21-ton excavators and 74 units of 22-ton excavators. This accounts for about 36% of HD Hyundai Construction Equipment's total sales in the Philippines last year.
22-ton Excavator (HX220HD) Supplied by HD Hyundai Construction Equipment to the Philippine Government. Photo by HD Hyundai Construction Equipment
View original imageThe equipment will be deployed for flood prevention works around the Labangan River area on Mindoro Island in the Philippines. Mindoro Island is a region prone to flooding and river overflows due to heavy rainfall, and the Philippine government has initiated infrastructure projects such as embankment construction, river maintenance, and expansion of drainage facilities to protect safety and infrastructure in the area.
HD Hyundai Construction Equipment plans to sequentially supply the equipment from this month through March. The company explained, "Our close sales and service strategy, including establishing sales offices on major islands considering the geographical characteristics of the Philippines, appears to have been effective in winning this bid," adding, "Establishing a stable logistics supply chain through the parts supply center of our adjacent Indonesian subsidiary also played a positive role in securing the order."
Building on this order, HD Hyundai Construction Equipment plans to actively target infrastructure and resource development demands in major Southeast Asian countries to expand its market share.
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A company representative said, "The quality competitiveness of our medium-sized excavators, which demonstrate stable performance even in rugged terrains, has been recognized," and added, "We will expand our global market share with high-quality products manufactured in Korea, India, and China."
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