101-story El-City Building to Break Ground on the 28th
101-story El-City Building to Break Ground on the 28th
  • Korea IT Times (info@koreaittimes.com)
  • 승인 2013.10.28 18:38
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SEOUL, KOREA- The groundbreaking ceremony for "El-City," a 101-story high-rise resort tower building in Busan's Haewundae, will be held on October 28.El-City PFV, the company responsible for the construction, said on the 25th that the ceremony will be attended by China State Construction Engineering Corp. vice president Chen Guocai, El-City PFV president Park Su-geun, Busan City mayor Huh Nam-Shik, Busan Chamber of Commerce and Industry Cho Seong-je, Haewundae district office head Bae Duk-gwang, and Busan Metropolitan Corp. president Lee Jong-cheol.
 
The day before the ceremony, the delegation accompanying Mr. Chen of CSCEC will pay a visit to Prime Minister Jung Hong-won with the officials of the Chinese Embassy in Seoul and discuss ways to expand bilateral cooperation in the construction area.
 
Earlier on the 17th, El-City PFV had signed a construction contract with the world's third largest contractor. Lee Soo-cheol, vice chairman of El-City PFV, said, "As the Chinese investors on the resort will be given the privilege of temporary stay visas and full permanent resident visas after five years, we will focus on our marketing effort on potential investors in China."

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