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Merger of HD Hyundai Heavy Industries and HD Hyundai Mipo

Sector: Seaport • Location: Ulsan, South Korea

Source: The Korea Times

Project
Planned

HD Hyundai plans to merge its two shipbuilding subsidiaries, HD Hyundai Heavy Industries (HHI) and HD Hyundai Mipo, to enhance competitiveness and support the US 'Make American Shipbuilding Great Again' project. The merger aims to boost capacity for maintaining, repairing, and overhauling U.S. naval vessels and constructing warships for various nations. The plan has sparked fierce opposition from

Status
Prospective
Sector
Seaport, Government
Location
Ulsan, South Korea
Updated
22 Jul 2026
Source
The Korea Times

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The project “Merger of HD Hyundai Heavy Industries and HD Hyundai Mipo” is an infrastructure initiative in the Seaport sector, located in Ulsan, Ulsan, South Korea. Taiyo aggregates data on it from The Korea Times.

Participants

Company

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

HD Hyundai plans to merge its two shipbuilding subsidiaries, HD Hyundai Heavy Industries (HHI) and HD Hyundai Mipo, to enhance competitiveness and support the US 'Make American Shipbuilding Great Again' project. The merger aims to boost capacity for maintaining, repairing, and overhauling U.S. naval vessels and constructing warships for various nations. The plan has sparked fierce opposition from unionized shipyard workers concerned about job security and potential layoffs.

Original sector

Shipbuilding

Budget

Location

Country

South Korea

State

Ulsan

City

Ulsan

Source

Source

The Korea Times

URL

More Details

Record type

Project

Sector

Seaport, Government

Article published date

2025-09-16

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