South Korea's Sungwon Corporation intends to invest over $1.2bn in property development in the Middle East, mainly in the UAE's growing property market, the company said.
Earlier this year, Dubai Properties and Sungwon Corporation have a signed multi-development deal worth AED 1.5 billion to roll-out projects in developments by Dubai Properties.
Founded in 1978, Sungwon Corporation of South Korea is a large scale integrated real estate development, construction and engineering company. Sungwon Corporation’s specialization is focused on high rise residential/commercial complexes; civil works; environmental plants and special projects such as championship golf courses, world-class stadiums and resorts.
