M88 login newly acquired 470 acres of land in Jeju, South Korea to further develop overseas regional markets

The new governor of Jeju Province met with Chairman Zhang Yuliang and welcomed M88 login’s expansion of investment

M88 login Group’s “going global” overseas investment and development business has received frequent good news，Regional deep cultivation strategy has achieved remarkable results。August 19，M88 login Group and Jeju International Free City Development Center (JDC) signed a Memorandum of Understanding (MOU) in Jeju, South Korea，M88 login Group will expand investment scale in M88 login Health Tourism City area，Newly obtained 470 acres of land，marks the latest progress of M88 login Group’s overseas development strategy of insisting on deep regional development，Achieved a healthy development pattern of rolling development of multiple projects in South Korea。

While in Korea，The new governor of Jeju Special Self-Governing Province, Won Hee-ryong, met with the chairman of M88 login Group、President Zhang Yuliang and board member Lu Jiancheng、Chen Xiaoping、Zhou Xianqiang、Song was established。Governor Yuan Xilong made it clear，Welcome and thank M88 login Group for expanding investment in Jeju，Hope that M88 login Group and the autonomous region will work together for future development，The autonomous government will actively support M88 login Group to further expand investment，Promote M88 login Group to discover the value of Jeju、Chinese companies that successfully invested in Jeju。

Chairman Zhang Yuliang said at the project signing ceremony，Jeju is Korea’s open door，Highly open and tolerant。Since the establishment of the Special Self-Governing Province，Jeju’s infrastructure and economic development have made great progress。South Korea is a friendly neighbor of China，It is also M88 login’s preferred overseas investment location。M88 login’s investment in South Korea has received strong support from politicians in both countries，Will definitely take this as an opportunity，Continue to increase investment in South Korea，Especially give priority to projects that are urgently needed in South Korea and Jeju for investment，Contribute to the development and construction of Jeju and the friendly cooperation between China and South Korea。

This newly acquired project is located in Donghongdong, Jeju Special Self-Governing Province、Topyeong-dong area，It is a subsequent new project of M88 login Health Tourism City developed by M88 login Group，The total area is about 470 acres，Planned and developed into a health resort community，With professional hospital、An international themed new city with comprehensive supporting facilities such as sports and entertainment centers，After completion, it will effectively promote the development process of Jeju International Free City，Play an important role in improving Jeju’s urban functions and upgrading its industrial capabilities。

M88 login Group chooses Jeju, South Korea as the first stop for “going out” overseas investment and development，Developing rapidly。October 2012，M88 login Group and JDC cooperate for the first time to build a tourism and health city among the "six core projects" of Jeju Island，Total investment 900 million US dollars，The total area is about 1.5 million square meters，The project will officially start construction at the end of this month，marks that M88 login Group has become my country’s first real estate company to make large-scale investments overseas；November 2013，M88 login Korea Tourism and Health City’s first phase residential product “M88 login Hallasan Town” is selling well，Realized sales exceeding 1 billion yuan during the year；April 30, 2014，“M88 login Halla Mountain Town” starts the first batch of product delivery，Became the first “Made in China” overseas residential property to be handed over。

In the past two years，M88 login’s investment and development results in Jeju，Becoming an epitome of the rapid growth of M88 login’s overseas business。Chairman of M88 login Group、President Zhang Yuliang said，M88 login Group has received enthusiastic response in the Jeju investment market，Received strong support from all parties in Korean politics and society, including President Park Geun-hye，It strengthens M88 login’s confidence in continuing to invest in the local area。Acquired a new blockbuster land in Jeju Island，Positively responded to President Xi Jinping、President Park Geun-hye called for M88 login to further increase investment in South Korea during the China-ROK Economic and Trade Forum，Fully reflects the remarkable results of M88 login’s overseas development regional strategy。He said，M88 login Group’s overseas investment and development strategy will continue to be upgraded and improved，Will continue to increase investment in major target markets such as economically developed countries and cities with rapid population agglomeration，Aiming to create “the world’s green space”，Accelerate the improvement of the regional market share and influence of the M88 login brand。