Global Construction Review
A groundbreaking ceremony was due to take place today for Chinchero International Airport in Cusco, Peru, which is being built by a Korean-led consortium.
The $640m project, which will mainly cater to tourists visiting the former Inca capital of Machu Picchu, is being built by a consortium that includes Hyundai E&C of Korea, Sinohydro of China Mexico’s Ingenieros Civiles Asociados and Peru’s HV Contatistas, The Korea Herald reports.
Hyundai owns about 35% of the consortium.
The design is by Franco-Spanish architect Studio MAAC and the finance is being provided by the Peruvian government.