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HD Hyundai Infracore to supply equipment for NEOM project

The company has reported a 51.6% increase over the 558 units sold year over year. (Image source: HD Hyundai Infracore)

In order to fulfil orders from clients in Saudi Arabia and Brazil, HD Hyundai Infracore will supply a total of 131 DEVELON excavators and wheel loaders

Two Saudi Arabian construction companies will get thirty 53 t excavators and fifty large wheel loaders to be employed on the NEOM project.

Large construction equipment has been in higher demand as the NEOM city project has progressed. To satisfy this demand, HD Hyundai Infracore has been putting particular initiatives into practise, such as vigorous sales activities through its Dubai office and new dealership openings close to NEOM city with more service staff. These efforts have helped to ensure that these most recent deals were secured.

A 51.6% increase over the 558 units sold year over year, HD Hyundai Infracore has reported a total of 846 units for "Excavator, Wheel Loader, and ADT" sales in Saudi Arabia.

In order to meet its need for investments in public infrastructure, Brazil additionally ordered 51 DEVELON excavators. Twenty-two huge excavators (80 t and 53 t) will be utilised for the Mato Grosso railway building project, and twenty-nine mid-sized 14 t excavators will be used for the Rio Grande do Sul public bidding project.One unique aspect of the project in Rio Grande do Sul is that DEVELON will only provide 14 t excavators to its client since they wanted to buy machinery with proprietary engines for easier maintenance.

A representative of HD Hyundai Infracore commented, “We continue to be successful in winning orders for DEVELON products from large global construction companies,” and added, “We will use this as an opportunity to expand our market share for large equipment in other similar markets around the world.”