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(JEJU=NEWSIS) Jeju Special Self-Governing Province announced on September 8 to support local companies that have growth potential but lack capital or marketing capabilities by seeking joint venture with foreign companies.
Jeju plans to give presentation on the investment environment of the Province and provide business meetings to five Hong Kong investment companies and four Singapore companies that are interested in the local products of Jeju.
The Province and KOTRA will carry out investment promotion activities from September 15 for five days to potential investors in Hong Kong and Singapore.
When the project feasibility and the possibility for success are proven, Jeju plans to extend the project by allowing more participation from local companies.
Jeju will select local products that have investment potential and engage in external activities to establish joint ventures between local and foreign-invested companies.
kjm@newsis.com
Source: Newsis (September. 08, 2014)
** This article was translated from the Korean.