Boeing, the world’s leading aerospace company, held a groundbreaking ceremony last month for the Boeing Avionics Maintenance, Repair and Overhaul Facility (BAMRO) in Yeongcheon, North Gyeongsang Province and started construction.
Joseph Song, Vice President and Managing Director of Boeing’s defense, space and security business in Korea, Kim Kwang-yong, Governor of North Gyeongsang Province, Young Suk Kim, Mayor of Yeongcheon and Byung-Rok Choi, Commissioner of the Daegu-Gyeongbuk Free Economic Zone participated in the groundbreaking ceremony.
BAMRO will be constructed on a 14,000 m2 area. Construction is scheduled to be completed in October of 2014.
BAMRO will be in charge of the testing and maintenance of electronic parts for F-15K fighter jets at Daegu Air Force Base. Boeing will invest up to USD 100 million in BAMRO by October of 2017 to nurture the facility as the hub of Asia’s avionics industry.
Source: Invest Korea