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According to Yonhap News,
Bird’s-eye view of Cistar
A resort to be built by Cistar nearby the Dong river, Samok-ri, Yeongwol-eup, Yeongwol-gun, Gangwon Province
Cistar (CEO Nam Min-jin) said on January 24th that it would sign an MOU with Japanese resorts at a banquet hall in Kumamoto Prefecture, Japan on January 25th.
The MOU is to cooperate in promotion and development of packaged tourism products based on mutual respect and trust by building a chain of resorts.
Also, the MOU aims to hold a dominant position against other resorts by providing various benefits.
CEO Nam Min-jin of Cistar said “we will not only gain competitive advantage against other resorts but also spur the sale of condominiums by developing overseas network and differentiate ourselves based on the MOU.”
Source: Yonhap News (Jan. 24, 2011)
**This is an English translation of a Korean news article.