HD Hyundai Heavy Industries to invest KRW 1.07 trillion in engine and SMR facilities

HD Hyundai Heavy Industries will invest KRW 1.0722 trillion to build a new 3 GW power generation engine production facility in Ulsan and a dedicated manufacturing facility for small modular reactors (SMRs). The engine facility is scheduled for completion in May 2028.

“HD Hyundai Heavy Industries disclosed on the 10th that it will invest a total of KRW 1.0722 trillion to build a new power generation engine production facility and a dedicated manufacturing facility for small modular reactors (SMRs).”prnewswire.com

• 2 sources
• prnewswire.comHD Hyundai Heavy Industries to Invest KRW 1 Trillion in Future Engine and SMR BusinessesHD HyundaiSep 10, 2026
• en.edaily.co.krHD HYUNDAI HEAVY INDUSTRIES Sparks Optimism with Engine Expansion… SMRs Also Seen as Additional Growth Driver—Daishin - EDAILYKwon Oh SeokSep 11, 2026

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