JEJU-DO < invest Korea

Jeju Self-governing Province announced that online promotional activities for Jeju products using the e-jejutrade.com, an online support website to attract foreign buyers, are showing its effect, leading to export consultations and contracts.

The province built a B2B online trade website in Korean and English in October of 2011 which began operation since 2012.

So far, information on 144 companies and 799 products has been listed in an English catalogue to promote them through paid advertisements on Google, SNS media and more.

The number of visitors to the website reached 44,942 from 199 countries and Jeju observed 742 offers and exports contracts of USD 380,000. Exports of USD 960,000 are under negotiation and the province is expecting additional exports of USD 100,000.

Though a consignee, the province supports small exporting companies for inquiry and buyer management, offer development, buyer identification and more.

Kim Sung-do, a head of Jeju’s export promotion agency, noted that the system is starting to show its effect, adding that exports are expected to increase based on the system without injection of much budget.

Source Text

Source: Newsis (Sep. 17, 2013)

** This article was translated from the Korean.