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Saudi Diesel Equipment Company Signs Licensing Agreement with Hyundai Electric to Establish an Advanced Electrical Switchgear Manufacturing Facility in Saudi Arabia

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The Saudi Diesel Equipment Company has signed a licensing agreement with Hyundai Electric to establish an advanced facility for the production of electrical switchgear in the Kingdom of Saudi Arabia.
This step supports the goals of Saudi Vision 2030 by localizing technology, enhancing national industrial capabilities, and developing the Kingdom’s power infrastructure.

Hyundai Electric, a subsidiary of Hyundai Heavy Industries Group, is a global leader in electrical equipment and energy solutions.
Through this agreement, the Saudi Diesel Equipment Company combines its local expertise with Hyundai’s advanced technologies to provide high-efficiency, sustainable, and reliable electrical solutions that meet the needs of the Saudi market.

This agreement represents an important strategic milestone in the Saudi Diesel Equipment Company’s commitment to supporting energy transformation in the Kingdom, enhancing local manufacturing, and reducing import dependency in the electrical equipment sector.

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