Sungwon Corporation, one of the largest integrated South Korean real estate construction companies, will participate at the upcoming Cityscape Dubai 2006, the international property investment and development event, at the Dubai International Exhibition Centre.
 
Richard Lee, Vice President, Sungwon Corporation (Dubai Branch), said: 'As Sungwon is committed to pursuing an aggressive growth strategy for the Middle East, it is quite important for us to be present at the region's most significant event for international property developers. The exhibition will give us an opportunity to present ourselves to a wide mix of visitors, and also provide them the most up to date information on our projects and services'.

He added:
'Sungwon is entering the Middle East market at a time when the property and construction sectors are booming in the region. We have decided to invest first in Dubai, and this is largely influenced by the fact that Dubai is a credible market, orchestrated by a trustworthy and visionary leader, His Highness, Sheikh Mohammed, who has ensured that Dubai remains a haven for foreign investors by creating an attractive investment environment'.
Sungwon Corporation is a large integrated real estate, construction and engineering company that has built a solid reputation as a property developer and contractor of award-winning luxury high-rise residential/mixed use complexes.
Sungwon Corporation plans to invest over US $ 1.2 billion in property development in the Middle East, primarily in UAE's buoyant property market through a strategic alliance it has forged with Dubai Properties.