Gyeonggi-do Actively Promotes 'Overseas Investment Attraction' in Preparation for Phased Daily Recovery

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province is preparing to promote customized overseas investment attraction by country and industry in anticipation of the COVID-19 'gradual return to daily life.'

First, the province plans to highlight Gyeonggi's excellent investment conditions in WIRTSCHAFT, the Munich Chamber of Commerce's economic monthly magazine with a circulation of 114,000 copies, to attract advanced industries in Bavaria, Munich, Germany, where future-oriented industries such as automobiles, aircraft, and electrical and electronics are well developed.

To attract companies in the advanced science sector in the Grenoble region of France, known as the Silicon Valley of Europe, investment promotion will be conducted through the Grenoble Chamber of Commerce's economic magazine (Presence) newsletter and website.

Additionally, efforts will be made to attract automobile companies targeting the automobile cluster (NEAA) located in the northeast England region.

Besides these, the province will also promote through the New York Times, published in 29 countries across Europe and the Asia-Pacific, and the AmCham Journal, distributed to executives of domestic multinational corporations and large companies, Korean-American public institutions, and major hotel business lounges.

Lee Min-woo, head of the Investment Promotion Division of the province, stated, "Starting this month, we will begin promotion in this manner, and once the COVID-19 situation stabilizes and overseas activities resume next year, we will strategically attract advanced and future industries through local investment briefings and other events."