HD Hyundai Heavy Industries Begins Warship Construction in Peru By Investing.com

CD:efense’s Entry into Latin America Gains Momentum:

• Four ships, including a frigate, officially begin construction of Peru SIMA shipyardwith deliveries starting from 2026
• of Peru President Dina Boluarte, prime minister Minister of Defense and Fleet management participated in the opening ceremony
• is a milestone for K-Defense Latin America. We will ensure project success through the latest technology and truSt

SEOUL, South Korea, January 11, 2025 /PRNewswire/ — As 2025 begins, K-Defense’s expansion to Latin America has entered a new phase.

HD: Hyundai Heavy Industries (KS:) (HD HHI) launch ceremony was held Peruvian warship project on January 10 at SIMA State Shipyard Peru.

The ceremony marked the start of the construction of four ships, a frigate, a maritime patrol ship and an amphibious assault ship, which will serve as key strategic assets for the country. Peruvian Navy. The event included steel-cutting and keel-laying ceremonies, signaling the official start of construction.

of Peru president on the boulevard, Prime Minister Gustavo Adrianzen Olaya, Minister of Defense Walter Astudillofleet commander Luis Jose Pole FigariOther high-ranking state officials were also present at the event Joo Won-hoboss ohf the Naval & Special Ships Business Unit at HD HHI.

These ships will be built locally SIMA shipyardleveraging HD HHI’s advanced design expertise and shipbuilding know-how, the first delivery is scheduled for 2026, with subsequent vessels to follow.

Peru warship project derives roughly from the defense export treaty KRW 640.6 trillionawarded HD HHI in: April 2024. The project, which was acquired as a result of cooperation between the Korean government and private enterprises under the “Team Korea” initiative, is seen as an exemplary case of K-Defense’s global expansion.

“This is a very important event in history of Peru shipbuilding industry,” they said of Peru president on the boulevard. “We expect this program with HD HHI to facilitate modernization Navy of Peru and contribute to the country’s economic growth.”

“This ceremony marks the beginning of K-Defense’s entry Latin America“, he said Joo Won-hohead of HD HHI’s Naval and Special Vessels Business Unit.“We are committed to making this project a success through technological excellence and confidence, strengthening defense cooperation Korea and: Peru“.

In a move to deepen bilateral defense cooperation, HD HHI is partnering with PC University of Ulsanwill host the launch of a two-week naval architecture training program for engineers from the Peruvian SIMA shipyard. January 13. The company also plans to expand local shipbuilding capacity by expanding partnerships with Peruvian equipment suppliers.

Looking ahead, HD HHI aims to create a global network of defense hubs through its Pan-Pacific Belt Vision. This strategy includes building partnerships, building localized shipbuilding systems and standardizing technology transfer packages in key regions including; Peru, The Philippines, Saudi Arabiaand: United States.