ISKANDAR PUTERI: South Korean investment firm GG56 Korea Ltd will invest US$1 billion (RM4.37 billion) in Forest City to develop Malaysia’s first Kore...
Othman speaking to the press after signing a memorandum of agreement between Forest City’s master developer Country Garden Pacificview and South Korean investment firm GG56 Korea. – BernamapicSouth Korean investment firm GG56 Korea Ltd will invest US$1 billion in Forest City to develop Malaysia’s first Korean Culture Town.
CGPV executive director Datuk Md Othman Yusof said the MoA marked a significant milestone in the ongoing development of Forest City, further solidifying its position as a global hub for innovation, culture and sustainable growth. “Together, we will build a city that stands as a testament to innovation, culture, and sustainable development,” he told reporters after the signing ceremony here today.
Meanwhile, Kim said the agreement provided an opportunity for the company to create something extraordinary in Forest City.
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