Korea Airports Corporation Signs MOU with Daegu City to Establish UAM Leading City

Imi Ae (left), Vice President of Korea Airports Corporation, Eo Seongcheol, CEO of Hanwha Systems, Hong Junpyo, Mayor of Daegu Metropolitan City, Yoo Sangyoung, CEO of SK Telecom, and Park Seoha, Vice President of T map Mobility, at the signing ceremony for a business agreement to establish Daegu as a leading UAM city at the 'Daegu Future Mobility Expo' held at Daegu EXCO. Photo by Korea Airports Corporation

[Asia Economy Reporter Hyunseok Yoo] Korea Airports Corporation announced on the 27th that it has signed a business agreement with Daegu Metropolitan City to establish a leading city for Urban Air Mobility (UAM).

The K-UAM Dream Team, including Korea Airports Corporation, SK Telecom, Hanwha Systems, and T Map Mobility, will present a super-collaborative business model that combines the strengths of Daegu City, private companies, public enterprises, and local governments at the ‘Daegu Future Mobility Expo.’ They pledged to cooperate jointly to accelerate the commercialization of UAM services.

According to this agreement, transportation facilities such as UAM air shuttles will be established to improve access to the Daegu-Gyeongbuk Integrated New Airport, strengthening the transportation network connecting the Daegu and Gyeongbuk regions with the new airport. They plan to create a metropolitan transportation network by forming a wide-area UAM network that connects regions lacking land transportation infrastructure such as roads and railways with downtown Daegu.

Yoon Hyung-jung, President of Korea Airports Corporation, stated, “We will do our best to commercialize UAM in Daegu by integrating the know-how and technology of Korea Airports Corporation, which has been responsible for aviation safety in Korea for over 40 years, with the future technology, capital of SK Telecom, Hanwha Systems, and T Map Mobility, and the support of Daegu Metropolitan City.” He emphasized, “We will continue relentless challenges through cooperation with the private sector.”

Hong Joon-pyo, Mayor of Daegu, said, “The day when UAM will be seen in the skies of Daegu is not far off. This agreement is expected to greatly contribute to setting the UAM business milestones in Daegu with the consortium possessing the best domestic capabilities related to UAM.” He added, “We will provide generous policy support so that UAM can become a game changer in the market along with the opening of the Daegu-Gyeongbuk Integrated New Airport.”

This content was produced with the assistance of AI translation services.