# Hyundai Heavy Industries invests 834 billion won in new power-engine facility

Hyundai Heavy Industries announced a board-approved investment of 833.6 billion won (USD 600 million) to acquire land, build a new factory, and install production equipment for large-scale power-generation engines, with construction running from September 2026 through May 2028.

- Type: Investment
- Announced: 2026-09-10
- Where: South Korea
- Value: $600.0M (833.6B KRW)
- Starts operating: 31 May 2028
- Status: announced
- Products: large-scale power-generation engines, HiMSEN gas engines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hyundai Heavy Industries](https://endata.com/companies/1382.md)

## Sources

- [investing.com](https://www.investing.com/news/stock-market-news/hd-hyundai-heavy-to-invest-834-bln-won-in-new-powerengine-facility-4894940), 2026-09-10: "Hyundai Heavy Industries said Thursday it will invest 833.6 billion won ($600 million) to acquire land, build a new factory and install production equipment for large-scale power-generation engines."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.