On May 21, KOTRA signed a joint MOU with the Gyeonggi FTA Global Business Center
To promote the "2025 US Georgia Automotive Parts Investment Environment Survey Team" initiative, for three days starting from June 25

KOTRA (Kang Kyung-sung) and the Gyeonggi FTA Global Business Center (Director Kang Kyung-sik) signed a joint MOU on May 21 at KOTRA to implement the "2025 US Georgia Automotive Parts Investment Environment Survey Team" project for three days starting from June 25

Under this agreement, the two organizations will dispatch 10 promising automotive parts companies to Georgia, U.S.A., starting from June 25th to 27th. The survey team program will include: Local entry seminars; Meetings with state government officials and specialized agencies; Visits to manufacturing facilities of companies already established in the U.S.A. and; Site tours of potential investment sites. Participating companies will gain an understanding of the investment environment in Georgia and acquire practical information needed for local entry, including accounting and labor requirements.

Georgia is home to significant investments from large domestic companies like Hyundai Motor, with over 150 Korean companies already established. The region boasts an efficient logistics network and business-friendly environment, with facilities such as Hartsfield-Jackson Atlanta International Airport and the Port of Savannah, making it an attractive destination for continued investment by Korean companies.

In response to the Trump administration’s tariff policies, the survey team will support our automotive parts companies in establishing production bases and planning manufacturing facility relocations within the U.S.A.

Heo Jin-won, KOTRA’s Head of Overseas Investment and Reshoring Support Department, stated, "This MOU is a key opportunity to help Korean companies strengthen their competitiveness in the US market amid increasing global uncertainties. KOTRA will continue to collaborate with the Gyeonggi FTA Global Business Center to actively support Korean companies’ global market expansion."



Source: Invest KOREA (2025.05.22.)