Hanwha chairman meets ex-Heritage Foundation chief

Hanwha chairman meets ex-Heritage Foundation chief

Hanwha Group chairman Kim Seung-youn discussed Korea-U.S. economic relations and the conglomerate’s core businesses with former Heritage Foundation chief Edwin J. Feulner, group officials said Friday.

The meeting took place at Kim’s office in Seoul and topics also included the coming U.S. presidential election and security on the Korean Peninsula, according to the officials.

They said Feulner, who currently heads a research center on Asia under the Heritage Foundation, expressed particular attention on Hanwha’s 8 trillion won project to build a city in Iraq.

Hanwha Engineering and Construction is currently building a new town with 100,000 homes in Bismaya, about 20 km south of Baghdad.

“The construction is being carried out smoothly and safely,” Kim was quoted as telling the U.S. expert in Korean affairs. “In addition to apartment-building, we launched construction of infrastructure and a shopping mall last year.”

Kim has maintained close relationships with the U.S. think tank, sharing views on issues related to Korea-U.S. ties and global economy.

Source:  http://www.koreaherald.com/view.php?ud=20160205000660

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