Lotte Tour, Chinese firm to build skyscrapers on Jeju
Nov 20, 2013
Lotte Tour Development Co., one of South Korea’s leading travel agencies, said Wednesday that its subsidiary and China’s largest property developer will spend $1 billion on a joint skyscraper project on the country’s southern resort island of Jeju. Dongwha Investment & Development Co., a local property developer, and China’s Greenland Holding Group will begin construction on two buildings ― 61 and 63 stories tall, respectively ― from the beginning of 2014, the local travel agency said. The compa