The company confirmed that the project would go ahead as planned, but did not release any information pertaining to the exact shares that each company held.
The project, started in 2008, set to have reached completion by 2010, has received several warnings for falling behind schedule.
GS Engineering & Construction Corp. is one of the leading property developers and engineering construction companies in Korea. Now it is constructing and operating 36-hole-golf course, club house, driving range, conference room, luxurious villas
CT Sphinx-Golf Residences project:
- Holes: 36
- Invester: CT Group.
- Architects: Schmidt Curley (USA).