Herald Business
So Min-ho
18 September 2026
A project coordination body involving the central government, local government and the project operator has begun formal operations to advance construction of Gadeokdo New Airport.
South Korea's Ministry of Land, Infrastructure and Transport said it will hold the body's inaugural meeting Friday afternoon with Busan and the Gadeokdo New Airport Construction Authority to discuss measures including how to reflect rising construction costs in the contract. The three-way standing communication and cooperation framework was activated after Daewoo Engineering & Construction — the contractor for the site preparation work — submitted basic design documents on Sept. 7, marking the start of pre-construction preparations such as permit consultations and detailed design work...
