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Korean construction giant Kunyoung enters Sri Lanka

21 January 2016 02:34 am - 0     - {{hitsCtrl.values.hits}}

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Unveils premium eco-friendly housing brand Amorium


With a promise to be a significant contributor towards Sri Lanka’s infrastructure development, leading Korean construction and real estate company Kunyoung Engineering & Construction entered Sri Lanka’s engineering and construction space, launching Kunyoung Ceylon (Pvt.) Ltd.   
At a launch ceremony held under the aegis of Megapolis and Western Development Minister Patali Champika Ranawaka, Kunyoung Ceylon, which comes under the umbrella of one of South Korea’s spearheads in construction and engineering, having contributed significantly to the rapid development of South Korea, and aims to do the same for Sri Lanka’s ambitious development plans. 
It also unveiled Amorium, Kunyuoung’s eco-friendly premium apartments, with assurances of unparalleled quality, state-of-the-art digital system, space aesthetics and environmental-friendly solutions.
In his message, Minister Ranawaka stated he was pleased to see South Korea investing in building on Sri Lanka’s vision.
“This country is now well poised to take advantage of the rapid evolutions we see around us and to do that, we do require expertise, both local and global to drive the dynamics. The megapolis development is truly an initiative that will give Colombo and its environs the push required to place itself on the map as a burgeoning commercial capital in this region. I look forward to the strengths that Kunyoung Ceylon can add to our development formula.”
Chairman Hyung Soo Lee gave an assurance that Kunyoung Ceylon will surely take the lead in driving growth with its passionate approach towards construction and city development.  
“Today, the world has become a single living zone, thanks to the rapid advancement of IT as well as transportation. International borders are merely lines on maps and different cultures that individual countries develop have evolved through global interaction. Moreover, I solemnly promise that Kunyoung Ceylon will contribute to the economic growth and improvement of lifestyles with our high-quality construction abilities and innovative development strategies, which were the main driving forces of South Korean development.”
At the launch, at which South Korean Ambassador Wonsam Jang was also present, Chairman Lee also said he observed striking similarities between the current development status of Sri Lanka after the civil war and the rapid development of South Korea in the 1970s. The inspiring slogan of ‘Building a smart and green Sri Lanka’ adds to South Korea’s renowned smart technology and its firm determination of being eco-friendly.
Chairman Lee said, “Kunyoung aims to become a strong supporting truss for Sri Lanka’s ambitious national development plans including the megapolis, western development and the Colombo Port City, using our exceptional abilities and specialization in civil works and housing.”
Kunyoung Engineering and Construction infuses expertise of nearly five decades since its inception in 1967, possessing an impressive repository of outstanding construction capabilities and knowledge. The name Kunyoung denotes, ‘The glory of construction’ and today comprises a conglomerate with presence in Vietnam, the UAE and now Sri Lanka. Business areas range from general construction to real estate development, property management and development and food and beverage (F&B).  
In addition to the construction of high-tech intelligent buildings, Kunyoung’s outstanding achievements include successful residential land development and housing projects as well as civil works such as the development of an apartment complex of the Jinchun Innovation City, highway construction between Sangju and Youngduk, construction of Busan’s new port and Kayang Bridge. Kunyoung’s major overseas achievements include the King Talal Dam in Jordan, road construction from Choir to Sainsh and in Mongolia and a housing project in Los Angeles, USA. 
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