BUSAN < invest Korea

Busan city announced that it will have a hall at the Automechanika Moscow powered by MIMS, which will be held from August 26 to August 29.

Five automobile part companies selected last April will participate in the event, representing Busan.

The city will support booth fees, costs for interpretation and logistics, necessities for trade consultations and more for the companies.

It also plans to provide continuous support for the regional companies to create new markets and increase exports.

Korean products are in the spotlight with the Korean Wave in Moscow, Russia.

Korean automobiles are drawing more interests and local buyers are showing interest in outstanding quality and technology of Korean automobile parts.

The companies, which will participate in the event, manufacture products with high quality and performance and are expected to draw interest from local buyers.

At the exhibition, Busan plans to use the opportunity to enhance Busan’s brand image, promote the city and products and attract foreign buyers.

A Busan official noted that Russian automobile and parts market is the world’s 7th largest emerging market where automobile-related companies have their eyes on. He added the event will serve as an opportunity to promote technology and excellence of Busan companies in Russia and Eastern Europe.

Source: Newsis (Aug. 22, 2013)

** This article was translated from the Korean.