SEOUL, June 29 (Korea Bizwire) — South Korea seeks to attract 100 trillion won (US$76.55 billion) of investment in the country’s free economic zones (FEZs) and create 450,000 jobs there by 2032 to make them global hubs of advanced industries and businesses, the industry ministry said Thursday. Under the draft of the comprehensive 10-year development [...]
SEOUL, July 21 (Korea Bizwire) — Foreign direct investment (FDI) pledged to South Korea’s free economic zones (FEZs) more than doubled in the first half of this year to hit a three-year high amid post-pandemic economic recovery, data showed Thursday. The country’s nine FEZs received US$560 million worth of FDI commitment during the January-June period, [...]
SEOUL, Jan. 4 (Korea Bizwire) — Foreign direct investment pledged to South Korea’s free economic zones (FEZs) surged 42.8 percent in 2021, led by the overseas investment in bio and other new industry sectors, data showed Tuesday. The country’s nine FEZs received US$1.31 billion worth of FDI commitment last year, up from $910 million a [...]