Heerim wins design contract for Hyundai Motor's Saudi plant
In-Hyeok Lee
Nov 06, 2023 (Gmt+09:00)
South Korea's Heerim Architects & Planners said on Monday it secured the architectural design contract for Hyundai Motor Co.'s new automobile assembly plant in Saudi Arabia.
The project, a joint venture with Saudi's Public Investment Fund, is set to be located in the King Abdullah Economic City, positioned 100 km north of Jeddah.
This facility marks Hyundai's first manufacturing foothold in the Middle East, with plans to produce 50,000 vehicles annually.
The latest contract enables Heerim to add another Hyundai plant to its portfolio, following the Genesis factory in Ulsan.
"We are continuously expanding our track record of orders in the high-tech field," a Heerim source said. "Through our Riyadh-based subsidiary, we are actively discovering and bidding on various projects unfolding throughout Saudi Arabia."