Ssangyong to build flats
Ssangyong to build flats
SEOUL (Reuter): Ssangyong Engineering and Construction, an
unlisted unit of South Korea's Ssangyong Group, has received an
order worth US$57 million to build a luxury condominium complex
in Jakarta, the company said yesterday.
A Ssangyong statement said the company had received the order
from City Developments Ltd Group, a unit of the Singapore-based
Hong Leong Group.
Construction of the three building complex will begin in
December and is expected to be completed in October 1998.
There will be a total of 398 flats in the complex.