Hyundai Engineering & Construction (Hyundai E&C) has taken a significant step towards expanding into Australia's next-generation energy market through a strategic partnership with the South Australian government. The comprehensive memorandum of understanding (MoU) signed between the two entities at Hyundai E&C's headquarters in Seoul focuses on cooperation in renewable energy, infrastructure, and housing sectors. The agreement aims to work towards achieving carbon neutrality in South Australia by enhancing collaboration in infrastructure development and new growth projects. South Australia, with a target of 100% renewable energy by 2030, is set to simplify regulations for hydrogen projects and invest AUD 21 billion in renewable energy initiatives. The collaboration between Hyundai E&C and the South Australian government will extend to various next-generation energy fields, including hydrogen, solar power, offshore wind, and power grids. This partnership will not only support the state's renewable energy goals but also address infrastructure and housing needs due to population growth. Hyundai E&C's presence in Australia, strengthened by a branch in Sydney, positions the company well to engage with local stakeholders and participate in the country's energy transition. With a focus on the Net Zero 2050 policy, Hyundai E&C anticipates leveraging its expertise in EPC (engineering, procurement, construction) and financial capabilities to contribute to South Australia's economic development. The company aims to create a foundation for mutual growth through global public-private partnerships, expecting the collaboration with the South Australian government to drive energy infrastructure innovation in Australia.