Azersun News

A NEW JOINT PROJECT NAMED "DREAM ISLAND" HAS BEEN ESTABLISHED BETWEEN AZERSUN HOLDINGS GROUP OF COMPANIES AND KOLON COMPANY

May 19, 2008

On 19th May 2008, at the Hyatt Regency, in the Shemakha hall, a presentation hailed the launch of the DREAM ISLAND project.

The president of Azersun Holding group of companies, Abdolbari Goozal and the president of Kolon Company, Wong Yeul Lee, took part in the proceedings. The presentation, partly made by the representative of Kolon Company, Phillip Sheen informed the audience about the realization of the project in Azerbaijan. Activities will centre on Bina settlement and the project will encompass a complex of buildings set in 300 ha and consisting of the provision of sanitary facilities, housing and shopping malls.

In DREAM ISLAND particular attention is centered on that part of the project involving a spacious educational complex. The constructing of such a modern complex is a large gift to the Absheron peninsula. The development of cooperation between Kolon Company and Azersun Holdings will also create ripe conditions for the exchange of experience with national companies with international partners.

During the presentation, between the president of Azersun Holdings group of companies and the president of Kolon Company a memorandum of cooperation was signed.

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