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