DAEGU < invest Korea

According to Yonhap News,

(Daegu = Yonhap News) Reporter Kim Hyo-Joong

The Daegu Gyeongbuk Free Economic Zone Authority (DGFEZA) will hold a large-scale investment consultation session with the Nuremberg Chamber of Commerce and Industry next year.

It is a follow-up measures after signing of an investment cooperation agreement between DGFEZ and the chamber last March.

DGFEZA Commissioner Park Ki-won visited parts and materials manufacturers and automotive parts, construction and machinery companies in Nuremberg to request participation in the consultations and promote excellent investment climate in Daegu and North Gyeongsang Province.

Commissioner Park noted that German companies are considering establishment of joint companies with automotive and machinery parts companies in Daegu and North Gyeongsang Province, who lead exports with advanced technology. He added that investment from Germany will bring a win-win effect for both German companies and Korean regional companies.

kimhj@yna.co.kr

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Source Text

Source: Yonhap News (Oct. 24, 2013)

** This article was translated from the Korean.