Hana Securities has joined hands with HDC Hyundai Development to expand productive finance and strengthen the competitiveness of advanced strategic industries.
Hana Securities announced Tuesday that it had signed a memorandum of understanding (MOU) with HDC Hyundai Development to "activate productive finance and strengthen the competitiveness of advanced strategic industries."
The agreement was designed to encourage the shift toward productive capital and contribute to enhancing national industrial competitiveness by strengthening advanced strategic industries. The two companies plan to expand cooperation models that link financial capabilities with development expertise in large-scale projects and future growth industries.
Under the agreement, the two firms will cooperate on financing, investment, and fund formation to activate productive finance. They will also pursue joint collaboration on large-scale projects, including public tender projects, as well as energy and power generation businesses. The MOU also covers information sharing on market and financial industry trends, along with business cooperation utilizing Hana Financial Group affiliates.
Drawing on its comprehensive capital market capabilities, Hana Securities will support financing and financial structuring for large-scale projects and energy and power generation businesses. HDC Hyundai Development plans to strengthen its project execution competitiveness based on its development and construction capabilities, expanding synergies between the two companies.
"Through cooperation with Hana Securities, we plan to actively identify business opportunities related to productive finance activation and future growth industries," HDC Hyundai Development CEO Jung Kyung-koo said. "Based on the expertise and networks of both companies, we will build a sustainable business cooperation model."
"This agreement marks a meaningful starting point for creating new national growth engines through productive finance and contributing to strengthening the competitiveness of advanced strategic industries," Hana Securities CEO Kang Sung-mook said. "Based on our differentiated financial solution capabilities, Hana Securities will serve as a substantive financial partner in large-scale projects and future industry-related businesses."
