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North Chungcheong Province to Attract Investment

North Chungcheong Province will begin efforts to attract investment through the American Chamber of Commerce in Korea (AMCHAM). Inviting ten AMCHAM officials including Chairman Pat Gaines, it will hold investor relations sessions on April 26. AMCHAM, founded in 1953, has 10,000 member companies.

The provincial government plans to attract investment in the Osong Bio Valley as well as the North Chungcheong Province Free Economic Zone centering on developing Osong County, Chungju City, and Cheongju International Airport. It also plans to promote the participation of U.S. companies by introducing the Cosmetics & Beauty Expo, to be held in Osong on May 3.

“We will emphasize that Osong will emerge as a center of the new capital area through projects to foster a bio cluster and a free economic zone,” said a provincial official.

Source Text

Source: Yonhap News (Apr. 22, 2013)

** This article was translated from the Korean.