South Korean construction company Sungwon Corporation has received a Dhs400 million ($109 million) contract to build a tower in the BusinessBay area of Dubai. The 34-storey office tower is being developed by European investment company Trend Capital. Sungwon Middle East operations head Chang-PyoPark said construction work on the SilverTower will launch in May and the project is predicted to be completed in 2010.
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