The Korea Herald

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Korea dedicates KT-1 assembly plant in Lima

By Korea Herald

Published : Nov. 20, 2013 - 20:21

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Korea Aerospace Industries president and CEO Ha Sung-yong. (Yonhap News) Korea Aerospace Industries president and CEO Ha Sung-yong. (Yonhap News)
Korea has dedicated an assembly plant in Lima, Peru, to jointly roll out the basic trainer KT-1 aircraft with the South American country.

The Korean Embassy in Peru, Korea Aerospace Industries and the Korea Trade-Investment Promotion Agency held a dedication ceremony for the plant on Las Palmas Air Base in Lima on Tuesday. Peru’s Defense Minister Pedro Cateriano also attended the event.

Peru is the first South American country to import Korea’s first completely indigenous aircraft developed by KAI and the Agency for Defense Development.

Korea and Peru negotiated a $208 million contract for the export of 20 KT-1s in November 2012. Sixteen of them will be assembled in Lima starting in March 2015, with the first airplane to be delivered in August of the same year. The remaining four will be made in Korea and shipped to Peru starting in November next year.

KAI repaired four hangars and built an administration office building on the air base to set up the assembly plant.

By Chun Sung-woo (swchun@heraldcorp.com)