Federal Development LLC(Federal), an America-based real estate developer, advanced to South Korean real estate market by establishing MOA with Saemangeum Gunsan Authority of Free Economy Zone(SG-FEZ) to turn Gogunsan Archipelago into international maritime tourism zone.
 Federal has been focusing on PPP (Public Private Partnership), which are government issued projects, and Federal’s core competency and expertise are thoroughly within PPP projects. Federal is Master Developer for 4,900 ha acres worldwide, over 400 building sites throughout the United States, the Caribbean, Europe, and Asia.
Federal’s post-financial-crisis-strategy mainly targets emerging markets so as to support recessive US development market. As a result, Federal made notable achievements: Nigeria’s Port Harcourt Ring Road Project, Chad Project including 10,000 housing units and 19,000 home sites. Project in Chad is expected to have construction ceremony this October with Chad’s president and UN participants. Meanwhile, as Federal found profitable opportunities on distressed assets in France and Britain, regional offices were recently opened in Paris.
 As above, Federal is committed to advance into emerging markets. In South Korea, Federal expects a huge opportunity over vast area of 33,058 ha Saemangeum site. Working on Saemangeum will certainly give Federal understandings of South Korea market as well as an opportunity to discover local partners since Federal found there are many enough potential partners in Korea who can work with us for international projects that Federal has.