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flag HD Hyundai starts building four naval ships in Peru, boosting the local economy and South Korea's defense exports.

flag HD Hyundai Heavy Industries (HD HHI) has begun constructing four naval vessels, including a frigate, at Peru's SIMA Shipyard. flag The $530 million project aims to modernize the Peruvian Navy and boost the country's economy, with deliveries starting in 2026. flag This marks a significant step in South Korea's defense exports to Latin America and aligns with HD HHI's global expansion strategy.

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