Hyundai Heavy Industries will make a large investment of 700 billion won to build a safe and efficient production system while grinding eco-friendly and cutting-edge digital technologies.
Han Young-seok, CEO of Hyundai Heavy Industries, unveiled a mid- to long-term plan at an online corporate briefing held on the 2nd ahead of the initial public offering (IPO).
Of the IPO procurement funds expected to be up to 1.8 trillion won, 760 billion won will be spent to secure technology to maintain a gap with latecomers.
It will invest 310 billion won in the development of eco-friendly and digital ship technologies, 320 billion won in the construction of smart shipyards, and 130 billion won in the hydrogen infrastructure sector, which is spotlighted as a future energy source.
Reporter Lee Ji-sun stockmk2020@gmail.com
