DAEGU < invest Korea

According to Yonhap News,

The defense ministry said Monday it signed a memorandum of agreement (MOA) with the Daegu municipal government for the planned relocation of a military airport in the southeastern city.

The two sides have been seeking to relocate the airport in Daegu, 237 kilometers southeast of Seoul, to a joint civilian-military airport to be built in the nearby counties of Uiseong and Gunwi by 2030.

Through the signing of the MOA, the defense ministry will select Daegu city to oversee the relocation and push for other procedures to begin the project, estimated to cost 11.5 trillion won (US$8.9 billion).

Under the agreement, Daegu will build the new airport and donate it to the defense ministry, while the ministry will transfer the former military airport site to the city.


yunhwanchae@yna.co.kr

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Source: Yonhap News (November 20, 2023)