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Friday, April 19, 2024

Korea’s POSCO investing in Clark

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The owner and developer of Hann Resorts in the Philippines teamed up with South Korea’s POSCO Engineering and Construction Co. Ltd. to build the multi-billion Hann Lux and Hann Reserve in Clark Special Economic Zone.

The Hann Group and POSCO E&C agreed to speed up the developments of the new resorts within the group’s 13-hectare property inside Clark.

“We are ecstatic to announce this partnership with a world-class company like POSCO E&C whose expertise and craftsmanship is recognized internationally. This collaboration is sure to fast-track our development plans for Clark and New Clark City with the rise of Hann Lux and Hann Reserve,” said Hann Philippines Inc. chairman and chief executive Daesik Han.

Hann Lux will be home to Sofitel Clark and Emblems Clark, which will offer guests convenient access to high-end fashion stores, French-inspired cafes, and convention facilities in Clark. Besides Sofitel and Emblems, Hann Lux will also feature a world-class casino, residences and commercial areas. Othel V. Campos

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