Daewoo enters Philippines

Tue, 29 Oct 1996 | Source: AFP

MANILA (AFP): Keang Nam Enterprises Ltd., a member of South Korea's Daewoo Group, has entered into a joint venture with Philippine property developer Puerto Azul Land Inc., the local firm said yesterday.

The new joint venture company called Grand Keang Nam Inc. will develop "a world-class marina and waterfront commercial center," at the Puerto Azul resort in the town of Ternate, south of Manila, the firm said in a statement.

View JSON | Print