What Happened
Korean Aerospace Industries Targets Latin American Growth
Korea Aerospace Industries (KAI) has signed a Memorandum of Understanding (MOU) with the Mexican Federation of the Aerospace Industry (FEMIA) and POSCO International to cooperate on aerospace industry development in Mexico. The agreement aims to establish practical supply chain cooperation and business models, with KAI planning to create a stable manufacturing ecosystem through cooperation with local Mexican companies. This partnership is part of Mexico’s national strategic industry policy, ‘Plan Mexico’, and may contribute to the successful promotion of the country’s aerospace industry. The deal was first reported by BusinessKorea.