Hyundai Engineering & Construction Co. and SJ sign MOU to collaborate on renewable energy and infrastructure projects

Singapore, 9 October 2024 – Hyundai Engineering & Construction Co., Ltd. (HDEC), a leading global player in the energy and infrastructure Engineering, Procurement, and Construction (EPC) sector, has entered a Memorandum of Understanding (MOU) with Surbana Jurong Group (SJ), a global urban, infrastructure and managed services consultancy firm, to explore opportunities in renewable energy, construction technology, and infrastructure related to Small Modular Reactors (SMR).

This strategic partnership leverages the respective strengths and expertise of HDEC and SJ to advance sustainable practices within the built environment industry while addressing global energy challenges. HDEC is renowned for its extensive track record in construction, while SJ has extensive experience in multidisciplinary consultancy services across the built environment and energy sector, including clean fuels, new energies, energy transition, engineering and project management.

Key objectives of the MOU include:

• Exploration of collaborative projects: HDEC and SJ will jointly identify potential projects within the realms of renewable energy and infrastructure.
• Research and Development: HDEC and SJ will jointly undertake R&D initiatives focusing on low carbon business practices and innovative construction technologies such as Carbon Capture and Storage (CCS) and prefabricated prefinished volumetric construction (PPVC).
• Cooperation on infrastructure technology: The MOU outlines plans for general cooperation in infrastructure technology, including construction automation or robotics, collaborative workshops, training programs, and technical support.
• SMR: HDEC and SJ will also collaborate on opportunities related to SMR technologies, an area critical for Singapore’s future energy needs.

SJ’s Group Chief Executive Officer Sean Chiao said, “The transition to net zero is underway, but it’s not happening fast enough, and the demand for resilient infrastructure has never been greater. By joining forces, HDEC and SJ aim to push the boundaries of sustainable practices in the built environment and address global energy challenges head-on. SJ’s multidisciplinary consultancy, deeply rooted in sustainability, combined with HDEC’s world-class engineering and construction expertise, will drive innovation in clean energy solutions and advanced construction technologies, paving the way for a greener, more resilient future.”

A representative from HDEC stated, “Since entering the Singapore construction market in 1981, HDEC has actively contributed to the country’s economic development through major infrastructure projects, including the construction of Changi International Airport, Marina One, South Beach, and Southeast Asia’s largest underground substation. With this business partnership with SJ, a leading built environment consultancy with a long track record of successful project delivery, we will make every effort to accelerate Singapore’s energy transition based on the strengthened collaboration network at both the government and group levels and the trust we have built with the Singapore government and clients.”

The MOU ceremony between HDEC and SJ was part of the Singapore-Korea Business Forum which took place on 8 October 2024. Present at the MOU ceremony were (from left to right) Young-joon Yoon, President and CEO of Hyundai E&C; Ahn Duk-geun, Minister of Trade, Industry and Energy of Government of South Korea; Tan See Leng, Minister of Manpower and Second Minister for Trade and Industry; Sean Chiao, Group CEO, SJ.

About Hyundai Engineering & Construction Co., Ltd.

Hyundai Engineering & Construction Co., Ltd. is a global leader in the energy and infrastructure EPC sector with a proven track record across various construction projects worldwide.

HDEC is #12 In Engineering News-Record’s 2024 Top 250 International Contractors, having performed more than 880 international projects since the first advancement to overseas market in 1965. With its proven global competitiveness, the company continues to be recognised for its achievements across Europe, Africa, America to Asia and Middle East.

About SJ

SJ is a diverse collective of problem solvers for the built environment, continually reimagining ways to create a smart and sustainable future.

Headquartered in Singapore, the group has a global talent pool of 16,000 in its member companies AETOS, Atelier Ten, B+H, CHIL, KTP, Prostruct, Robert Bird Group, SAA, SMEC and Surbana Jurong, based in more than 120 offices in over 40 countries. They include architects, designers, planners, engineers, facilities managers and other specialists driven by progressive thinking and creative ideas to shape a better future.

Its technical experts deliver sustainable solutions that cover the entire project life cycle from planning and design, through to delivery and management, as well as a full suite of multidisciplinary consultancy services across a diverse range of sectors including transportation, water, aviation, healthcare, hospitality and renewables.

A global urban, infrastructure and managed services consulting firm with over 70 years of track record in successful project delivery, SJ has built more than a million homes in Singapore, created master plans in more than 60 countries and developed over 100 industrial parks globally.

SJ is #23 in Engineering News-Record’s 2024 Top 225 International Design Firms, #14 in World Architecture 100 2024, and Asia Pacific FM Technology Provider of the Year 2022, awarded by International Facility Management Association.

For media queries, please contact:

Sheena Kwek
Group Marketing & Communications
SJ
[email protected]