International MOU
Daewoo International, the Korea Trade-Investment Promotion Agency (KOTRA), and Servicios Industriales de la Marina S.A. (SIMA) concluded a memorandum of understanding (MOU) for the construction of three landing platform docks (LPD) on April 20 in Lima, Peru, a Daewoo International Corp. official said.
An LPD is a medium-to-large-sized ship at 7300 tons that can be used as a transport dock, landing ship, hospital ship, or similar functions, Daewoo International said.
Daewoo International is going to supply design drawings and equipment packages, the company said. KOTRA will support the conclusion and implementation of the project.
The LPD construction project is US$40 million in scale where Daewoo International and SIMA will conclude the contract in the first half of this year and finish the construction in the second half of 2017, Daewoo International said.
Jeon Byeong-eal, the CEO of Daewoo International, expects further LPD orders from other Central and South American countries such as Brazil, Colombia, and Chile, the company said.
Daewoo International “has been pursuing entering into the Central and South American market,” the company said. The company exported 800 ranger cars to Peru in 2012.