[Blockchaintoday Reporter Jang Myungkwan] SY (CEO Jeon Pyeong-yeol, Hong Seong-bu) became the first Korean private company to complete business registration for the Neom City project in Saudi Arabia. The Neom City project is estimated at 1,300 trillion won, and SY plans to provide high-quality sandwich panels and its own Polycam House Modular Construction Technology to large-scale construction projects in Neom City.
SY is a company specializing in comprehensive construction materials such as sandwich panels, colored steel sheets, deck plates, building insulation materials, solar power, modular houses, and slim bricks.
SY made its first visit to Neom in April last year and held the first meeting for the Neom City project. On August 28th, a bilateral meeting will be held with the Saudi government stakeholders.
An official from SY said, "The way forward for business has been paved as we completed the business registration in Neom City in Saudi Arabia." He added, "We are proud to introduce our technology and quality with the mind set of representing Korea."
Recently, “SY BAZZAR,” a cosmetics brand that is actively engaged in doing business in Vietnam, Cambodia, and Nepal, was newly launched in Korea. Its anchor product, "Bazzar Graphene Shampoo," is known to be effective in hair loss management by helping absorb hair loss components and strengthening the scalp with a graphene ultra-fine method. Also, S Y Bazaar Cosmetics entered Saudi Arabia and the UAE.
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