South Korean investment in Business Bay

Published March 7th, 2006 - 07:50 GMT
Al Bawaba
Al Bawaba

South Korea's leading construction group Bando intends to invest $300 million in a mixed-use project in Business Bay, a zone that will create a cluster of commercial buildings. In the company's first major property market exposure abroad, Bando Corporation is set to finalize a land deal for the project with Dubai Properties, chairman Kwon Hong Sa told Gulf News in Dubai.