According to Yonhap News,

(SEOUL = Yonhap News) Siemens, a German multinational electronic conglomerate, is looking for more investment opportunities in Korea.

Yoon Sang-jick, Minister of Trade, Industry & Energy, and Kim Jong-kap, Chairman and CEO of Siemens Ltd. Seoul, held a meeting at the Siemens Ultrasound Innovation Center Asia on February 13 and decided to organize a joint task force to strengthen bilateral cooperation to expand investment in Korea.

The plan for the task force was suggested by Kim and Yoon expressed his support for the proposition. The minister said that the task force will help Siemens Korea make investment decisions without any difficulties. The two sides also agreed to expand cooperation in the fields of energy, healthcare and others.

“As we can learn from Siemens Korea’s case, foreign-invested companies in Korea make significant contributions to our job creation, exports and technology transfer,” said Yoon. “The ministry will keep up the work to attract quality foreign investment.”