South Korea's Hyundai E&C says contract for Saudi Arabia's Neom tunnel project cancelled

Hyundai Engineering & Construction

13/03/2026 08:30

SEOUL, March 13 (Reuters) - South Korean builder Hyundai Engineering & Construction Co Ltd 000720.KS said in a regulatory filing on Friday that its tunnel project contract for Saudi Arabia's Neom Company was cancelled due to a reorganisation of the client's business.

The filing did not mention the value of the cancelled project.

 (Reporting by Joyce Lee
Editing by Ed Davies)

 ((joyce.lee@tr.com;))