DAEGU < invest Korea

The Daegu Gyeongbuk Free Economic Zone Authority (DGFEZA) signed a memorandum of understanding with the Nuremberg Chamber of Commerce and Industry last Monday to promote cooperation between domestic firms and attract investments from German companies.

After the signing ceremony, DGFEZA held a briefing session about the investment environment in Daegu and North Gyeongsang Province for German representatives from the Bavaria State Government, the Nuremberg City Government, and the Nuremberg Chamber of Commerce and Industry.

“The formation of a network with solid German companies will provide momentum to increase the competitiveness of enterprises in our region and revitalize the local economy,” said a DGFEZA official.

Source: Yonhap News (Mar. 25, 2013)

** This article was translated from the Korean.