HD Hyundai Infracore has won large scale orders from customers in Saudi Arabia and Brazil and will be supplying a total of 131 DEVELON excavators and wheel loaders to meet these orders.
Thirty 53t excavators and fifty large wheel loaders will be supplied to two Saudi Arabian construction companies which will be used for the NEOM project.
With the NEOM city project in progress, demand for large construction equipment has been increasing. To meet this demand, HD Hyundai Infracore has been implementing individual strategies such as active sales activities through its Dubai office and new dealership openings near NEOM city with additional service personnel, to ensure these latest deals were secured.
Including recent orders, HD Hyundai Infracore has recorded a total of 846 units for ‘Excavator, Wheel Loader, and ADT’ sales in Saudi Arabia which is a 51.6% increase compared to the 558 units sold YoY.
A representative of HD Hyundai Infracore commented: “We continue to be successful in winning orders for DEVELON products from large global construction companies. We will use this as an opportunity to expand our market share for large equipment in other similar markets around the world.”