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KOTRA HOLDS IR
EVENT IN SINGAPORE
AND HONG KONG
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In a bid to promote Korea as an ideal
investment destination for Asian financial
investors, KOTRA hosted an investor
relations (IR) event in Singapore and
Hong Kong. The IR session, which ran
from March 13 to 16, introduced investment
incentives, successful investment
cases and major business opportunities in
the cultural content and ICT industries to
participants. One-on-one meetings were
also held for Singapore’s sovereign wealth
fund and companies wanting to reinvest in
Korea.
In Hong Kong, KOTRA also held fruitful
discussions with regional development companies and talked to them about investment opportunities
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in Korea. About
30 people from the Ministry of Trade,
Industry and Energy (MOTIE), KOTRA
and consulting companies from Korea
attended the event.
These companies included NOD
Bizware, a company that develops phone
applications, AKAIntelligence, an enterprise
that makes AI robots, and CNP Story
Entertainment, a cultural content company
specializing in tourism, beauty and food.
KOTRA expects these events to expand
cooperation networks between Korea and
the Greater China Region.
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KOTRA AND DEFENSE
MINISTRY APPROVES
PURCHASE OF KOREAN
SELF-PROPELLED
HOWITZERS TO
FINLAND
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Finland will purchase K9 Thunder
155mm self-propelled howitzers from
South Korea.
On March 2, KOTRA and the Ministry of Defense, along with Finnish defense
minister Jussi Niinisto, approved the purchase of 48 former
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South Korean Army
K9s to Finland. This is Korea’s third
exportation of howitzers, following deals
with Turkey (2001) and Poland (2014).
The contract is worth approximately
EUR 146 million (USD 155 million) and
the K9s will be exported by 2025.
As Korea’s government-to-government
managing agency, KOTRA was able to
complete and implement the export contract
with support from the Defense
Acquisition Program Administration.
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JAPANESE COMPANIES
SHOW INTEREST IN
RECRUITING KOREA’S
HIGHLY SKILLED
WORKFORCE
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In a bid to help young Korean job
seekers find employment overseas,
KOTRA hosted a job fair in Osaka,
Japan on March 9. In attendance were 23
Japanese companies and 130 Korean job
seekers.
“Not only Korean exchange students
but about 90 students came from Korea
and expressed great interest in working in
Japan. We will continue to support our
young people to find good jobs overseas,”
said Lee Gwangho, Head of
KOTRA’s Osaka office.
The job fair offered plenty of opportunities for companies and
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job seekers to
get to know each other, including interview
sessions, recruitment programs, job
seminars and employment mentoring
classes for highly-skilled individuals.
A representative from the semiconductor
manufacturing company Denshigiken
who recruited four Koreans last year
said, “Although we hired Korean job
seekers with no former work experience,
they were already very skilled with computeraided
design, so we were able to
work with them right away.”
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KOTRA HOLDS KOREAN
PAVILION AT 2017 GAME
CONNECTION AMERICA
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From February 27 to March 1,
KOTRA launched its Korean Pavilion at
Game Connection America 2017 (GCA)
in Silicon Valley.
Participating companies were highly
satisfied with business consulting opportunities
with internationally recognized
companies, including EA and Blizzard.
Foreign companies were especially
impressed with the highly advanced technology
of Korean companies.
In regards to the event, Yun-Kang
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Won, President of Latis Global (an action
mobile game) said, “Thanks to this
opportunity, I saw the possibility of
entering into the American market,
which is the biggest gaming market after
China.”
Meanwhile, Game Connection is an
international event where over 2700
developers, publishers, distributors and
service producers come to find new partners
and/or (in the case of service
providers) find new clients.