Shortcut to Body Shortcut to main menu

Investment News

U.S. Companies to Invest USD 245 Million in Gyeonggi
Date
2013.05.03

Visiting the U.S. April 17 to 20, a trade delegation from Gyeonggi Province, headed by Governor Kim Moon-soo, attracted investments worth USD 245 million from five companies.

Shinsegae Simon, a joint venture established by the U.S.’ Simon Property Group and Korea’s Shinsegae Group, signed a letter of intent to invest more than USD 100 million to build the third Premium Outlets in Siheung.

Costco signed a memorandum of understanding to construct a logistics complex in the Pyeongtaek Poseung 2 Industrial Complex with an investment of USD 100 million.

Sinos, Metaldyne, and NanoFacture also agreed to invest between USD 5 million and USD 20 million in the Pyeongtaek Hyeongok Industrial Complex.

Mayor Kim discussed cooperative measures with Governor Jay Inslee of Washington State and paid his respects at a memorial commemorating U.S. soldiers in the Korean War.


Source Text

Source: Yonhap News (Apr. 21, 2013)

** This article was translated from the Korean.

Related News

    Meta information

    Services

    Invest KOREA provides services support your investment journey.

    Find Nearby Invest KOREA Offices

    Discover nearby offices for Convenient access in your area

    Go to Overseas Office Site