US EditionGadeokdo Airport’s 2029 Deadline in Jeopardy as Hyundai E&C Walks Out
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Gadeokdo Airport’s 2029 Deadline in Jeopardy as Hyundai E&C Walks Out
Busan, South Korea — South Korea’s Gadeokdo New Airport project has reached a paradoxical turning point. On June 5, the city of Busan will begin land compensation talks with residents affected by the project, signaling official progress on paper. But on the ground, there is no longer a construction company in place to build the airport. Hyundai Engineering & Construction, the sole bidder and preferred contractor, formally withdrew from the proje…
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