HJ Heavy Industries, 'Ship Repair Yard Construction' Inspected by El Salvador Delegation

HJ Heavy Industries welcomed a delegation from the Office of the President of El Salvador visiting Korea, introduced its technological capabilities, and requested support for the bid to host the 2030 Busan World Expo.

On the 29th, HJ Heavy Industries announced on the 3rd that it warmly received the El Salvador delegation invited by the Overseas Port Development Cooperation Support Center of the Korea Ports Association for shipyard and port development during their visit to Korea.

The appearance of HJ Heavy Industries Yeongdo Shipyard

The delegation's visit to Korea is reported to be part of the expanding economic cooperation between the two countries, following last month's decision for joint support by Korea's Economic Development Cooperation Fund (EDCF) and the Central American Bank for Economic Integration (CABEI) for the Los Chorros Bridge construction and road expansion project in El Salvador.

The Los Chorros project involves road expansion and the construction of a bypass bridge in a collapse-prone area, connecting San Salvador, the capital of El Salvador, with the western region. Of the total project cost of $430 million (approximately 560 billion KRW), the EDCF and CABEI are each providing $210 million and $200 million in support. In March, Dongbu Construction, an affiliate of HJ Heavy Industries, was selected as the contractor for this project.

The delegation included Sigfredo Edgardo Figueroa, Director of Strategic Planning at the Office of the President, Raul Castaneda, Head of CABEI El Salvador, and Jaime Jose Lopez, Ambassador of El Salvador to Korea.

HJ Heavy Industries, Korea's first shipyard, introduced its accumulated know-how and technological capabilities gained through the construction and operation of shipyards in Jeddah, Saudi Arabia, and Subic, Philippines, covering its two main business sectors: construction and shipbuilding.

An official from HJ Heavy Industries stated, "We hope that the accumulated experience and technological capabilities of HJ Heavy Industries, the birthplace of Korea's shipbuilding industry, will greatly contribute to the El Salvador shipyard project, and we look forward to deepening cooperation and trust between the two countries."