South Korean construction project management company HanmiGlobal has signed a Strategic Alliance Agreement (SAA) with Canadian engineering company AtkinsRéalis to jointly pursue nuclear and renewable energy projects in the US.
The two companies agreed to cooperate throughout the entire process from project identification to proposal, contract award, and execution. Cooperation includes construction project management (PM), design and engineering, design review, local permitting consulting, and environmental impact assessments. For each project, they will select a lead and participating firms and provide client-tailored integrated construction engineering services.
The companies will first launch joint bidding activities targeting major energy projects, including large-scale industrial facility construction projects in the US being pursued by Korean corporations, as well as US nuclear power generation and renewable energy complex developments. They also plan to form a working-level consultative body to develop project-specific cooperation plans and continue regular information exchanges to identify new promising projects in the US market.
“Cooperation with global companies will expand opportunities for orders in the US,” said HanmiGlobal President Kim Yong-sik, “If investment in the US begins in earnest, we will contribute to the successful implementation of the project based on PM capabilities and networks that we have accumulated so far.”
AtkinsRealis is a global engineering and nuclear energy company with more than 40,000 employees across over 50 countries. Its US operations span more than 90 offices in 32 states and include projects in airports, roads, nuclear power and industrial plants. Its major US projects include maintenance work at San Francisco International Airport, a small modular reactor project for Energy Northwest and the Miami-Dade waste-to-energy plant project.
HanmiGlobal has expanded its US presence through construction management projects for Korean companies in industries such as semiconductors, batteries and subsea cables. The company’s acquisition of US-based design and engineering firm Otak in 2011 helped strengthen its local network and engineering capabilities.