KAC, Hyundai E&C to participate in Ukrainian airport project

Korea Airports Corp. (KAC) and Hyundai Engineering & Construction have signed a tentative agreement to participate in a reconstruction project for Ukraine's main international gateway, the companies said Monday. Under the three-way memorandum of understanding forged with Boryspil International Airport on Sunday, KAC, Korea's state-run airports operator, will provide navigational safety equipment and airport management consulting service for the airport located east of Kyiv. Hyundai, Korea's second-largest builder, will be responsible for design, procurement and construction for the project. A signing ceremony for the memorandum was held in Warsaw, Poland, on Sunday. According to the companies, the Ukrainian airport will offer support to the Korean companies by providing various information regarding the project.<br/>