HANOI, June 19, 2025 – Today, in a formal atmosphere at the Starlake Gallery, a successful meeting was held with a high-level delegation from the Korea Land & Housing Corporation (LH), led by its esteemed President & CEO, Mr. Lee Han-joon.

The meeting was hosted by Mr. An Kuk Jin, General Director of THT Development Co., Ltd., and Mr. Kwon Soon Jae, General Director of Daewoo E&C Vina. The event marks a significant milestone, affirming the reputation of the leading developers and opening a new chapter in their strategic cooperation.

During the meeting, Mr. An Kuk Jin, on behalf of THT, presented the delegation with a comprehensive overview of the master plan, progress, and development vision for Starlake – one of the most modern and premier integrated urban areas in Hanoi’s new administrative center.

Following this, Mr. Kwon Soon Jae, representing Daewoo E&C Vina, introduced the Fores Starlake Thai Binh project. This is a brand-new urban area brand by Daewoo E&C Vina in Vietnam, marking a strategic step in expanding and developing high-quality urban projects into high-potential provinces.

The President & CEO of LH Corporation, Mr. Lee Han-joon, expressed his profound impression of the scale and quality of the Starlake project, as well as the strategic vision of Daewoo E&C Vina with its new brand, Fores Starlake. As a leading state-owned enterprise in South Korea, LH Corporation highly praised the implementation capabilities and commitment to creating sustainable living environments demonstrated by THT and Daewoo E&C.

The parties engaged in in-depth discussions about the potential for cooperation on both projects, as well as Daewoo E&C Vina’s urban brand expansion strategy in the Vietnamese market. They also shared experiences in applying smart city models and developing large-scale urban areas.

The visit by Mr. Lee Han-joon is not only an acknowledgment of the efforts of THT and Daewoo E&C Vina but also a tightening of their sustainable partnership, promising to bring breakthrough values to the development of Starlake, Fores Starlake, and the Vietnamese real estate market as a whole.

About THT Development and Daewoo E&C Vina::

Both THT Development and Daewoo E&C Vina are key subsidiaries of Daewoo E&C (South Korea) in the Vietnamese market. THT Development Co., Ltd. is a wholly-owned subsidiary acting as the developer of the world-class Starlake urban area project. Daewoo E&C Vina serves as the subsidiary responsible for construction and general contracting, and is now expanding into real estate development with its own brands. This synergy demonstrates Daewoo E&C’s deep and comprehensive commitment to creating top-quality projects and urban areas in Vietnam.

About LH Corporation (Korea Land & Housing Corporation):
As a state-owned corporation of South Korea, LH is tasked with stabilizing the housing market, improving the quality of life for citizens, and promoting balanced national growth through the construction and management of key urban, housing, and infrastructure projects.