HanmiGlobal said on the 12th that it signed a strategic alliance agreement with KEPCO Engineering & Construction Company (KEPCO E&C) and the U.K.-based construction project management (PM) specialist Turner & Townsend to jointly pursue global nuclear power projects.
The agreement is a follow-up to last year's memorandum of understanding (MOU) on nuclear cooperation between HanmiGlobal and KEPCO E&C. The three companies will build an integrated advisory package covering nuclear plant design, engineering, project management, and cost and schedule management to target the global nuclear power market.
HanmiGlobal recently entered the nuclear market by winning the PM contract for the life-extension operation of Unit 1 at the Cernavodă nuclear power plant in Romania. KEPCO E&C has designed numerous nuclear power plants in Korea and abroad, including the Hanbit plant and the Barakah plant in the United Arab Emirates (UAE), and is building capabilities in owner's engineer services for nuclear construction alongside plant maintenance.
Turner & Townsend is a global PM and quantity surveying (QS) company headquartered in the United Kingdom, operating 247 legal entities in 62 countries worldwide. Turner & Townsend is currently responsible for integrated project management of the U.K.'s new nuclear projects "Hinkley Point C" and the "Sellafield nuclear complex." It has strong technical capabilities in the nuclear sector, providing consulting for the U.K. government's small modular reactor deployment program.
The three companies plan to seek joint business opportunities in key markets including Europe, the Middle East, and Asia. They will also collaborate to advance data-driven nuclear project management using cutting-edge technology. The scope of cooperation will expand across the nuclear lifecycle, including large reactors, small modular reactors, decommissioning, and radioactive waste disposal facilities.
A HanmiGlobal official said, "By combining the three companies' core strengths, we will further enhance competitiveness in global nuclear projects."