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Corporación America Airports S A : Corporación América Airports Announces Recent Development - Form 6-K
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Hyundai E&C secured a $139 million deal from Peru
Photo by: Hyundai E&C/Facebook Monday, March 15, 2021 5:37 AM UTC
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The multi-million project
As per Yonhap News Agency, the order from Hyundai Engineering & Construction Co. is related to the site preparation work for Peru’s soon-to-rise airport that will be called the Chinchero International Airport. It will be built in Cusco. The Peruvian administration wants the new runway to become the new doorway for tourists visiting the famous ruins of Machu Picchu.
The new airport is set to replace the Alejandro Velasco Astete International Airport that is currently still in operation. In any case, Hyundai E&C did not easily win this Peru project as it also fought with other prominent companies from China, Portugal, and Spain.