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Donnerstag, 3.12.2020
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The Korea Land and Housing Corporation (LH) is seeking to develop a smart city at an airport site in Peru, laying the groundwork for Korean companies to enter Peru.

The LH announced on Oct. 27 that it has signed a memorandum of understanding (MOU) with the Peruvian city of Cuzco for the development of smart cities and the overall cooperation in the development of the Astete International Airport site.

Astete International Airport, which serves as a gateway to the world's most popular tourist destination, is set to be relocated to the New International Airport in 2025. The city of Cusco is pushing to develop a smart city at the existing airport site that will be relocated.

Cuzco is aiming to develop the Astete airport site into a smart city. Under the agreement, the city of Cuzco and LH will work together to develop the Astete airport site into a smart city, and establish a cooperative relationship for the discovery and joint promotion of Cuzco City development projects in the future.

An LH official said, "As the consortium of Korea Airports Corporation is also carrying out the project to manage the Chinchero New International Airport Project, an alternative airport to Astete Airport, LH's participation in the Cuzco smart city development project is expected to serve as a catalyst for Korean companies to expand their presence in Peru."

Byun Chang-heum, president of LH, said, "With this agreement, we will be able to establish a foundation for entering the Peruvian market by discovering cooperative projects in the field of urban and housing development in Peru. We will further expand our opportunities to enter the Latin American market by establishing cooperative relations with other Latin American countries."


Autor(en)/Author(s): Lee Jun-sung

Quelle/Source: Korea IT Times, 28.10.2020

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