HD Hyundai mounts push for Canada submarine project

27.01.26 13:12 Uhr

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Major Korean engineering conglomerate HD Hyundai is stepping up last-ditch efforts with its key subsidiaries to help Korea win Canada’s new submarine construction project, according to industry sources. The Canadian government has shortlisted Korea and Germany as final contenders before selecting a partner for its next-generation submarine fleet. HD Hyundai Heavy Industries, the group’s shipbuilding arm and a member of the Korean bidding consortium alongside Hanwha Ocean, has presented an extensive package of industrial and technological benefits (ITB) to Canada. The company has proposed package deals worth trillions of won to support Korea’s bid and strengthen cooperation with Canadian partners. The proposal includes providing technological consulting to Canadian shipbuilders, enabling local shipyards to independently carry out depot-level maintenance and repairs on submarines. HD Hyundai has also offered to transfer key submarine and warship technologies, along with advanced construction know-how for high-end naval assets. In addition, the company has suggested joint research andWeiter zum vollständigen Artikel bei Korea Times

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