The Korea Developer Association is seeking overseas business opportunities by hosting a briefing on redevelopment projects with a U.S. real estate development firm.
On October 13, the Korea Developer Association will hold a briefing on the 'West Bottoms Redevelopment Project' in collaboration with SomeraRoad, a U.S. alternative investment management and development company.
The briefing will introduce SomeraRoad's redevelopment initiatives and share key details and business opportunities related to international development projects. SomeraRoad, established in 2006, is currently pursuing the West Bottoms redevelopment project in Kansas City, Missouri.
The Korea Developer Association is actively working to establish a foundation for overseas expansion. To this end, it has signed a memorandum of understanding with the Korea Overseas Construction Association and has built a cooperative framework with organizations such as the Korea Overseas Infrastructure and Urban Development Corporation (KIND) and Daewoo Engineering & Construction. The association has also appointed Nguon Sayng, chairman of Cambodia's RMA Group, as an advisor to its international committee.
Kim Han-mo, president of the Korea Developer Association, stated, 'We plan to continue creating practical footholds for our member companies to enter overseas development projects.'
Meanwhile, the association changed its name back to the Korea Developer Association from the Korea Real Estate Development Association (KODA) last year, marking its 20th anniversary.
* This article has been translated by AI.
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