CJ OliveNetworks announced on October 26 that it has signed a strategic business agreement with Gyeongsangbuk-do, South Korea, to successfully create an airport economic zone and airport new town connected to Daegu-Gyeongbuk Airport.
Scheduled to open in 2030, Daegu-Gyeongbuk Airport is the first civilian-military integrated relocation project in Korea to move K-2 Military Airport and Daegu International Airport simultaneously, and will be built on an area of 16.9 square kilometers around Uisung and Gungwi counties in North Gyeongsang Province.
Gyeongsangbuk-do is also planning to build a new city with more than 15,000 residents, including military personnel and their families, on 3.3 million square meters of land in Uiseong, adjacent to the airport.
The airport new town will include four areas: a smart air logistics complex to function as a logistics and industrial hub in the south-central region, an aviation industry cluster, an agri-food industry cluster, and a mobility city (M-City) that combines advanced technologies such as information and communication technology (ICT) and artificial intelligence (AI).
Under the agreement, CJ OliveNetworks and Gyeongsangbuk-do will work together to successfully create an airport new town and industrial park connected to Daegu Gyeongbuk Airport.
The details of the cooperation include providing life and cultural services and ICT infrastructure services to the airport-type smart city, supporting the design and content of the airport new city's IT new technology convergence space, cooperating in the field of smart manufacturing and logistics in the aviation logistics and aviation maintenance industrial complex, and supporting the creation of an agri-food industry cluster.
"We will work closely with Gyeongsangbuk-do to build ICT infrastructure in airport-type smart cities and support systems for smart manufacturing and logistics in industrial complexes," said Yoo In-sang, CEO of CJ OliveNetworks.
"We plan to incorporate corporate know-how into the Uisung Airport New City from the planning stage of the airport new city and build it as a key base city in the airport economic zone that extends beyond Daegu and Gyeongbuk to the world," said Lee Chul-woo, Governor of Gyeongsangbuk-do.
