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Jeju Aggressively Engaged in Attracting Oil Money
Date
2012.04.30
Views
615
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According to Yonhap News,

Jeju will be aggressively engaged in attracting Middle East's oil money to its regional development project.

Jeju Governor U Geun-min, Director of Jeju International Free City O Seung-ik, President of Jeju Tourism Corporation Yang Yeong-geun and others are scheduled to visit Bahrain to attract foreign investment.

They are invited by the Kingdom of Bahrain and Riyada Group.

Governor U will discuss a joint cooperative project with the CEO of Riyada Group and then sign an investment attraction MOU.

Riyada Group is doing operation in various sectors including oil and gas exploration project in the Gulf of Mexico, Middle East, North Africa and Russia, construction and telecommunication.

Source Text

Source: Yonhap News (Apr. 26, 2012)

** This is an English translation of a Korean news article.