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RoK aims for over 20 billion USD in FDI this year

The Republic of Korea (RoK) targets to attract more than 20 billion USD in foreign direct investment (FDI) this year.
RoK aims for over 20 billion USD in FDI this year ảnh 1A goods port in Gimpo, the RoK (Source: yonhap/VNA)

Seoul (VNA) – The Republic of Korea (RoK) targets to attract morethan 20 billion USD in foreign direct investment (FDI) this year.

This will be the fourth year in a row the FDI attraction isat a high level, the Government said on March 11.

According to the Ministry of Trade, Industry and Energy, ifthe goal is reached, some 10,000 high-quality jobs will be created.

The target was set at the foreign investment committee’smeeting held late last month, during which policymakers approved a plan tostimulate FDI for this year.

The ministry emphasised that the RoK Government wants tomaintain last year’s momentum of FDI, which made a record high of 22.94 billionUSD.

In addition to getting more foreigners to invest in thecountry, it also wants to attract value added, new technology businesses. -VNA
VNA

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