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Gangwon expected to achieve KRW 4.06 tn export this year
Gangwon's exports this year are expected to reach an all-time high of KRW 4.60 trillion, raising expectations for an economic recovery.
According to Gangwon State on December 13, as of the end of October this year, its export volume was KRW 3.4 trillion (USD 2.43 billion), up 7.5% from the same period last year.
At this rate, it is expected to reach KRW 4.60 trillion (USD 2.9 billion) by the end of this year.
Gangwon explained that this is the highest export record ever, exceeding KRW 3.8 trillion (USD 2.75 billion) achieved in 2022.
This record-high export record ever is expected to give great momentum to the recovery of the local economy.
Gangwon State held the 8th Gangwon Exporter Day event at the Sejong Hotel in Chuncheon and rewarded companies and organizations for their outstanding export performance.
This year, the number of companies wining the Export Tower was 32, the highest ever, surpassing the previous performance of around 20 every year, a state official said.
Neo Biotech and PharmaResearch received $50-miilion Export Tower, the highest among export companies in the province.
Samyang Foods was awarded for Gangwon Award of Gangwon Exporter Day this year.
Eight executives and employees of companies and organizations that contributed to increasing exports of companies in the province received commendations from the governor.
Gangwon's governor said, "the amount of funds for fostering SMEs was about KRW 300 billion two years ago, but it has increased every year and expanded to KRW 400 billion next year," adding that "we will revitalize export companies by supporting them with customized support programs."
jlee@yna.co.kr
Source Text
** This article was translated from Korean.
Date
2024.12.16
Views
99
According to Yonhap News,
Gangwon's exports this year are expected to reach an all-time high of KRW 4.60 trillion, raising expectations for an economic recovery.
According to Gangwon State on December 13, as of the end of October this year, its export volume was KRW 3.4 trillion (USD 2.43 billion), up 7.5% from the same period last year.
At this rate, it is expected to reach KRW 4.60 trillion (USD 2.9 billion) by the end of this year.
Gangwon explained that this is the highest export record ever, exceeding KRW 3.8 trillion (USD 2.75 billion) achieved in 2022.
This record-high export record ever is expected to give great momentum to the recovery of the local economy.
Gangwon State held the 8th Gangwon Exporter Day event at the Sejong Hotel in Chuncheon and rewarded companies and organizations for their outstanding export performance.
This year, the number of companies wining the Export Tower was 32, the highest ever, surpassing the previous performance of around 20 every year, a state official said.
Neo Biotech and PharmaResearch received $50-miilion Export Tower, the highest among export companies in the province.
Samyang Foods was awarded for Gangwon Award of Gangwon Exporter Day this year.
Eight executives and employees of companies and organizations that contributed to increasing exports of companies in the province received commendations from the governor.
Gangwon's governor said, "the amount of funds for fostering SMEs was about KRW 300 billion two years ago, but it has increased every year and expanded to KRW 400 billion next year," adding that "we will revitalize export companies by supporting them with customized support programs."
jlee@yna.co.kr
Source Text
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Source: Yonhap News (December 13, 2024)
** This article was translated from Korean.