South Korean property developer Bando Construction and Engineering has revealed plans to invest in UAE's real estate projects next year. It said it will invest approximately $1 billion.
The company added that it plans to unveil many new developments including retail, commercial and residential units.
Bando Construction and Engineering is a 30-year-old company which has more than 280 professionals working in Korea. It builds approximately around 2,000 apartments every year and has a sales turnover of more than Dh1.83 billion in South Korea.
Bando’s Chairman Hong-Sa Kwon said, 'We aim to establish our hold here, but are also considering opportunities throughout the region.'
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