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KOTRA and local governments to cooperate to activate industry-specific investment attraction
Date
2025.01.23

MOTIE and KOTRA to Hold Investment Attraction Briefing on Key Industries for 2025 on January 22
Discussions on Investment Attraction and Joint IR Strategies in Response to AI Technological Innovations and the New U.S. Administration


The Ministry of Trade, Industry and Energy (Minister Ahn Duk-geun) and KOTRA (President Kang Kyung-sung) hosted the "2025 Industry-specific Investment Attraction Strategy Briefing" on January 22 at KOTRA's headquarters in Yeomgok-dong, Seoul. The event was attended by 29 local governments and Free Economic Zones (FEZs). With major changes expected in the global trade environment, including the inauguration of the U.S. Trump administration, the briefing was organized to share investment attraction forecasts and strategies for this year, as well as to discuss collaboration between Invest KOREA and local governments.

Cooperation between Invest KOREA and local governments in light of expected major changes in the global trade environment, such as the launch of the U.S. Trump administration.

Despite challenging domestic and international conditions, South Korea's Foreign Direct Investment (FDI) reached a record high of USD 34.57 billion last year. To sustain this growth in an increasingly uncertain global investment environment, cooperation with local governments is more important than ever. Invest KOREA expects that this briefing will not only strengthen national investment attraction cooperation but also contribute to expanding investment attraction outside the capital region.

During the morning session, Invest KOREA’s industry-specific Project Managers (PMs) analyzed the investment environment and opportunities for 2025 in nine sectors: △ICT △Startups △Semiconductors △Future Mobility △Logistics/Distribution △Regional Development, and shared strategies and directions for investment attraction that local governments need.

*PM (Project Manager): A designated person responsible for identifying and supporting investment projects within key industries to facilitate investment attraction.

In the afternoon, one-on-one consultations between the industry PMs and local government representatives took place. The PMs shared project issues and discussed potential collaborative business development with investment attraction departments of local governments and FEZs. Invest KOREA plans to actively incorporate the discussions into the 2025 investment attraction plans to further strengthen support for investment outside the capital region.

Commissioner Kim Tae-hyung of Invest KOREA, stated, “Despite the increasing uncertainties both domestically and internationally, we will work with unwavering determination to achieve our national investment attraction target of USD 35 billion this year,” and added, “To maintain global credibility, we will significantly enhance communication with investors and expand various forms of cooperation, including joint investment attraction initiatives with local governments.”



Source : InvestKOREA (2025.01.23.)

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