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Old April 22nd, 2013, 11:53 AM   #1
inno4321
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SEOUL | Aspire to IBD project resume!




http://news.heraldcorp.com/view.php?...30422102824_AP

This thread for Seoul international business district project's(IBD) recent news.

As know IBD project official cancelled due to world financial crisis.

However this project is too important to cancelled. So personaly i looking forward to see this project resume!!

Fortualtely according to the today news "KORAIL" under negociaition with subcontractor for IBD project Resume!

Actually KORAIL is going to cancelled this project. But president of korea order to the ministry of land and transfer, offer mediation with a view to prevent to social problem.


Don't give up. I will inform updates news as possible as!
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Old April 22nd, 2013, 12:09 PM   #2
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Good!
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Old April 24th, 2013, 09:40 AM   #3
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Quote:
Originally Posted by krkseg1ops View Post
Good!

http://news.naver.com/main/read.nhn?...aid=0002985347


TODAY KORAIL-SAMSUNG VERBAL AGREE WITH COMPROMISED TO IBD PROJECT RESUME! NOW LOTTE CONSIDER WHETHER AGREE OR NOT!
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Old April 24th, 2013, 10:18 AM   #4
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What is the role of Seoul Mayor in this deal now? Can he object to it?
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Old April 24th, 2013, 12:40 PM   #5
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Quote:
Originally Posted by krkseg1ops View Post
What is the role of Seoul Mayor in this deal now? Can he object to it?

Though president of korea have a power for control KORAIL. But Seoul Mayor have a whole right for approved IBD project.

For example seoul mayor intentional delayed 1 years for approved IBD detail master plan which was suggested by DREAMHUB. He didn't deliberate for 1 years IBD's master plan!

So news media Journal blame on this kind of seoul's delayed is reflected seoul mayor's WILL(anti-develop policy).

Honestly, seoul mayor have no role in this deal(between KORAIL and Subcontractor). This deal is belong to civil company.
Also seoul mayor officially announce regret for "IBD project's cancelled".
However the otherside he hide his real mind .... he want to sepereated apartment block from IBD project or cancelled IBD project.

Becasue his grand policy is socalled "CITY FARMING(he plant rice instead of OPERA HOUSE in duck island and many other place..he stopped at leasted 11 main project in seoul)".

Not only IBD but also Hyundai global business center "Object" by seoul mayor. Hyundai want to to built head office in seoul but seoul mayor OBJECT.

I'm very worry about that.... Probably he will try to mess up IBD project.
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Old April 24th, 2013, 12:51 PM   #6
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If he is sorry for IBD cancellation, maybe he will not make any more trouble.
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Old April 24th, 2013, 12:56 PM   #7
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Quote:
Originally Posted by krkseg1ops View Post
If he is sorry for IBD cancellation, maybe he will not make any more trouble.
I hope so.... he is like a amok kid...I wish he not make any more trouble.
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Old April 28th, 2013, 04:55 PM   #8
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IT IS COMEDY
Shame on korea goverment and what so funny IBD.

KORAIL cancellation of a compromise with lotte, samsung..

Accodding to the breaking new, KORAIL agree with samsung and lotte to RESUME IBD.

But suddenly Ministry of land of transfer called to KORAIL...So then after KORAIL ANNOUNCE cancellation IBD project.

In short korea goverment reject IBD project.

I'm very so shy due to KORAIL and korea goverment. They have no leadership they have no deseved for leader in korea.

It is GLOBAL ASHAME and funny comedy.

Even nederland and USA ARCHITECTURE company is going to a file a suit against DREAMHUN and KORAIL. Becasue they didn't pay for building design cost.

Prudensal insurrance also file a suit against dreamhub
singarpore fund same!!

Shame on korea.
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Old April 29th, 2013, 01:48 PM   #9
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http://view.asiae.co.kr/news/view.ht...93530550&nvr=Y

[RIOTS]Rage 130 citizenz who live in IBD riot against KORAIL.
They ask to president of korea to "resign of KORAIL CEO(Mr JUNG)"
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Old May 3rd, 2013, 11:14 AM   #10
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KORAIL CEO Mr chong chul young "IBD not yet official cancelled. If others company bring money(about $ 2 billions) then project resume." said
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Old May 6th, 2013, 07:04 PM   #11
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http://news.tv.chosun.com/site/data/...050590179.html

TV interview. Visit and click movie

"Yongsan default. Citizens cry..only huge debt remain"


Summary
-Citizens waiting for 6years with 100% confidence concern KORAIL and Seoul city's promise.
-But town area become slum
-Average debt about 50,000 USD$ per a house
-House price collapse until quarter price.(peak time 3.3 m2 about $100,000)
-"Many citizens leave town due to slum. But house didn't sold i can not leave" a woman said.
-"If possible.... then I'd like to charge with dereliction of Mr park won sun seoul mayor. I know immediately IBD project resume easily if (seoul mayor) have a pieces of "WILL" said Mr choi citizens.
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Old June 10th, 2013, 06:59 PM   #12
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http://news.heraldcorp.com/view.php?...30610111657_AS


Breaking news from herald economy korea.
"IBD resume?"

-Few days ago Mr jong chan young who chief excecute resign from KORAIL.
-He had been continue reject IBD project.
-Therefore with his resign project resume possible.
-Even some inner KORAIL voice IBD must resume for KOREA'S NATIONAL PROFIT.
-Anonymous of KORAIL saids "If IBD bankrupt, then KORAIL's damage is more serious than expect. So we have to consider with serioulsly project's future. After new CEO inaguration in CEO of KORAIL.
-Dreamhub concerns said. "YONGSAN site's owner still belong TO US. We expect some dramatical annouce from KORAIL.

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Old June 16th, 2013, 06:38 PM   #13
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Today NEWS

-KORAIL CEO Mr jong official resign tomorrow monday.
-KORAIL PUBLIC recruit for another NEW CEO
-With this changed Some positive flow around IBD project.
-KORAIL finished pay for IBD land($ 1 billions)
-But remain another $ 1 billions for give back IBD land's property right.
-Even inner KORAIL worry about $ 1 billions IS TOO HUGE TO pay.
-Because KORAIL ALREADY HAVE A LOT DEBTS.
-If KORAIL default IBD project, then it would same with KORAIL's seriously situation.
-Also KORAIL IN DANGER THEN korea all rail system in risk.
-Moreover even KORAIL finished pay 2 billions to dreamhub, might be fight in court with dreamhub. Because dreamhub claim another 1 billions money for ALL IBD land property.
-At that case DREAMHUB guess at least 5 years or more(10 years) need until legal process finished.
-Which means IBD land empty and no one touch at least 5~10 years.
-So they persuade rather resume project than cancelled.... it is mouch more reasonable choice for KORAIL.
-But the ministry of land and transfer official dissent for project resume!
-Fourtuantley at the moment dreamhub connected with ANNONYOUS GLOBAL FUND for IBD project resume.
-DREAMHUB didn't say anything about fund name or amount but it is true that they keep in touch with GLOBAL FUND.


This is my guess probably that global fund is ADIA(Abu Dhabi INVESTMENT)
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Old June 17th, 2013, 02:25 AM   #14
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Good to see they are seeking foreign investment on this!
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Old June 17th, 2013, 08:40 AM   #15
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Quote:
Originally Posted by Munwon View Post
Good to see they are seeking foreign investment on this!


Right

http://www.segye.com/Articles/NEWS/E...=&OutUrl=naver


Today interview

- "IBD project is KOREA NATIONAL PROJECT which is make a new JOBS during underconstruction 240,000 new jobs and after completion 160,000 new jobs.
I will do my best for IBD project succesful finished which is going to be world most atrractive tour area." Lotte tour CEO Mr kim gi byoung said.
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Old June 17th, 2013, 10:02 AM   #16
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that great
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Old June 18th, 2013, 02:02 PM   #17
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http://realestate.joinsmsn.com/news/...0396&ref=naver

"IBD is supposed to be cancelled.... but is it resume?"

In short

KORAIL CEO resign So another new CEO possible re considering concern IBD.
Because If IBD default then KORAIL would be seriously damage!

But not yet inform any official change atmosphere around project.

"We met with a Big Company who invest money on IBD if project resume by KORAIL" Dreamhub concern said.
------------
Really really IT IS KOREAN COMEDY
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Old August 22nd, 2013, 09:25 PM   #18
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Latest update
-Dreamhub finded "CHINA FUND" for IBD project. They wish to persuade KORAIL with china fund.
-However New KORAIL'S CEO(CHIEF executive officer) delayed. At the moment KORAIL CEO vacant seat. So dreamhub can't persuade.
-Main stream high status member of KORAIL have a very possitive opinion for IBD project resume.
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Old August 27th, 2013, 06:43 PM   #19
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-At the moment, dreamhub contact with CHINA FUND and SKOREA COMPANY : they wish pre buying IBD building and invest money on this project's resume.
-However now KORAIL CEO(CHIEF EXECUTIVE OFFICER) vacant seat.
-It is delyed due to some korea politiacal reason until septermber.
-5 september is official expire date for IBD project.
-Even highest officer of KORAIL blame to "pre KORAIL CEO (Mr jung chan yong) for he have too pessimistic opinions against IBD project.
So Inner circle of KORAIL CONCERNS wish NEW CEO of KORAIL "RESUME AND RE EVALUATED IBD project from very first chapter.
-If IBD project official ruined, then KORAIL would critical damage on company's economy and future.
-Accordding to the some report, If project resume, then KORAIL would get income at least $ 7 billions(with land price) from this project even though when all building of IBD didn't selling to market
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Old September 7th, 2013, 04:45 PM   #20
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Quote:
Originally Posted by =inno4321
5 september is official expire date for IBD project
News about the project ?
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