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BackPresident Lee Pledges Support for Shipbuilding Industry at HD Hyundai Visit
President Lee Pledges Support for Shipbuilding Industry at HD Hyundai Visit
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Yonhap News5/13/2026Business1 min readSouth Korea

President Lee Pledges Support for Shipbuilding Industry at HD Hyundai Visit

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President Lee Jae Myung visited HD Hyundai Heavy Industries, pledged government support to maintain global competitiveness in shipbuilding, and praised workers' dedication.

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SEOUL, May 13 (Yonhap) -- President Lee Jae Myung visited the headquarters of HD Hyundai Heavy Industries Co., the world's largest shipbuilder, in Ulsan on Wednesday and pledged government support for the country's shipbuilding industry. Lee toured a dock affiliated with the firm and inspected liquefied natural gas carriers under construction for export. He also received a briefing on the firm's order intake and conditions in the global shipbuilding market, vice presidential spokesperson Ahn Gwi-ryeong said. The president praised the dedication and expertise of shipbuilding workers, attributing to them "the world's highest-level competitiveness" of the country's shipbuilding industry. He also pledged active government support to help the industry maintain its global competitiveness in the market going forward, the spokesperson said.

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This article was originally published by Yonhap News.

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