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| Based on marketing know-how, financing capability, and global business networks it has acquired during 30 years of general trading activities, Hyundai Corporation has successfully carried out a wide variety of overseas investment businesses around the world, which includes shipbuilding, steel processing and distribution, as well as real estate development and overseas energy resources development. |
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| Qingdao Hyundai Shipbuilding |
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As the company that enabled Korea to become the world’s number one nation in ship exports, Hyundai Corporation established Qingdao Hyundai Shipbuilding in November 2004, making most of expertise in ship sales and its global business networks. The company was founded with the aim of specializing in building small-to medium-sized vessels in Qingdao, China, and has been in full operation since 2005. Qingdao Hyundai Shipbuilding is rapidly growing into a strong player in the international small-to mid size vessel market, as witnessed by the company’s success in reaching large-scale shipbuilding contracts, which secured 3-years of worth of work load, only six months after its launch. |
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| POS-Hyundai |
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POS-Hyundai is a steel coil service center that was established in 1997 in Chennai in the southern part of India, as a joint venture of Hyundai Corporation, POSCO, and POSTEEL. It was the first company in the Korean steel industry that made inroads into India. The company carries out businesses that involve processing steel coils and supplying them to automobile and home appliance companies in India. Its main businesses are importing steel coils and processing and distributing them to buyers in India. The company also sells quality steel coils directly to relevant industries and provides warehousing service, which includes leasing coil storage areas. POS-Hyundai is expanding its business while aiming to realize high-quality and precise steel processing services; ‘Just-in-Time Delivery System’; and high customer satisfaction. |
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| PT. Hyundai Inti. Development |
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PT. Hyundai Inti. Development is an industrial complex of 200 ha in area that was established near Jakarta, Indonesia, in 1991. This joint venture was founded by Hyundai Corporation and the world-renowned Indonesian conglomerate, the Lippo Group, with the aim of supplying cost-effective and strategically located industrial lots to global manufacturers as well as Korean enterprises desiring to make investments in Indonesia. There are, at present, around 100 companies from across the globe that have moved into the industrial complex. PT. Hyundai Inti. Development is making strenuous efforts so that each of the tenants can achieve and maintain high productivity, through continuous facility enhancements as well as efficient facility operations. |
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| Overseas Resources Development |
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Hyundai Corporation has enjoyed a high-profit investment success, with a dividend yield of more than 20 billion won a year, from its overseas energy resources development business. Over the last 20 years, the company has invested in various energy development projects, starting with Australia’s Drayton coal mine development project – the first overseas resource development project of Korea. Other projects include the Marib oil field project in Yemen, and the Oman LNG and Qatar LNG projects. Recently, the company has successfully carried out the Yemen LNG project and Vietnam 11-2 gas field development project. As such, the overseas resources development business has become a stable and long-term profit source and growth engine of Hyundai Corporation. Based on its abundant experience in resources development, the company has drawn up plans to make continuous investment in promising energy development projects in mining and oil field development. |
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