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The joint venture came up with a more stable financial plan and was approved:
http://www.koreaherald.com/view.php?ud=20140318001276
On a side note the picture in the news from Leonidas link has almost the same picture that I took last year.
It's in Songdo, unrelated to this new development.
I hate it when the news puts a photo with an article that is not even related to it:
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