SEJONG, Jun. 14 (Korea Bizwire) – The Korea Overseas Infrastructure and Urban Development Corporation (KIND) announced on June 13 that it has signed a Memorandum of Understanding (MOU) with the Polish Export Credit Agency (KUKE) to cooperate on Ukraine’s reconstruction efforts. The agreement, signed in Berlin, Germany, on June 11, will enable South Korean companies with [...]
SEOUL, Aug. 6 (Korea Bizwire) — South Korea has decided to allow up to 30 businesspeople to visit Ukraine each time for potential projects for reconstruction and recovery under special travel exceptions, officials and industry sources familiar with the matter said Sunday. Seoul has expressed its intent to actively participate in helping to rebuild the [...]
SEOUL, May 19 (Korea Bizwire) — Dondeokjeon, a historic Western-style building in Deoksu Palace used as a royal guesthouse during the Korean Empire (1897-1910), will open to the public in September after being reconstructed in its original shape, officials said Friday. The Cultural Heritage Administration (CHA) said the reconstruction was part of its broader plan [...]
SEOUL, Nov. 7 (Korea Bizwire) — The Seoul city government has approved the reconstruction of the oldest apartment complex in the city’s Yeouido district to turn it into a high-rise complex that houses 2,500 households and includes a 65-story building, officials said Monday. The city said a reconstruction plan has been granted for Sibeom Apartments, [...]
SEOUL, Oct. 20 (Korea Bizwire) — An antiquated southern Seoul apartment complex long at the center of the nation’s real estate policy debate due to its massive size and location in the wealthy Gangnam district has obtained a long-awaited reconstruction approval, the city government said Thursday, signaling its intent to speed up its plan to [...]
SEOUL, May 4 (Korea Bizwire) — HDC Hyundai Development Co. said Wednesday it will demolish an apartment complex in South Korea’s southwestern area to build it all over again to ally safety concerns. HDC Chairman Chung Mong-gyu said the real estate developer will completely take down eight apartment buildings in Gwangju for reconstruction at the [...]