Korean consortium launches construction of new airport in Peru


A groundbreaking ceremony will take place on Friday for a new international airport in Cusco, Peru, which will serve as a gateway for visitors to Machu Picchu, the Korea Airports Corporation announced on Friday.

The event will bring together Peruvian President Pedro Castillo, Peruvian Minister of Transport Juan Francisco Silva, CEO of Korea Airports Corporation Son Chang-wan, as well as officials from the South Korean Ministry of Transport and Hyundai Engineering & Construction.

Under the government-to-government agreement, the Korea Airports Corporation is the project management office overseeing the Chinchero International Airport project along with other parties, including a consortium led by Hanmi Global.

When the runway and terminal are built, the airport will be able to accommodate up to 5.7 million passengers, the company said.

The project, worth 760 billion won ($ 641.82 million), is expected to be completed by the end of October 2024, but the Korea Airports Corporation said it was in talks to extend the deadline. until August 2025.

The project management office alone is estimated at around 35 billion won.

CEO Son said he is proud that an airway connecting the international cultural site Machu Picchu to the rest of the world is being built with technology from South Korea and the Korea Airports Corporation.

“By sharing the technology to safely build and operate an airport and carry out the business management project, including road tests, we seek to turn (the experience) into a touchstone for other projects. worldwide in South America and elsewhere. ”

Earlier this year, Hyundai E&C announced that it had won the main construction project for the new passenger terminal at the new international airport.

The passenger terminal construction project is valued at 493 billion won, and Hyundai E&C led a joint venture made up of global companies from Mexico and China – Sinohydro, ICA and HV Contatistas. Hyundai accounted for 35% of the consortium, worth around 172.5 billion won.

By Yim Hyun-su (hyunsu@heraldcorp.com)


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