The Korea Trade-Investment Promotion Agency (KOTRA) and Korea Aerospace Industries (KAI) announced on the 3rd that they have published the "Italy Aerospace Industry Entry Strategy Report" to highlight the growth potential of Italy's aerospace industry and to assist Korean companies in effectively entering the market.
The report includes market and trade trends, value chain and key company information, entry strategies, and cooperation cases. In particular, KAI detailed its ongoing collaborative projects with major Italian companies such as GE Avio as real examples of technical cooperation. This information on cooperation with local companies is expected to be practical and valuable for Korean companies that require such insights. The report is available for free at the KOTRA Trade Data Room and the Overseas Economic Information Dream Overseas Market News website.
Park Yeon-su, Executive Director of KAI, stated, "KAI analyzes the strengths and weaknesses of the Italian market and companies to address the needs of our aerospace industry development through collaboration with key companies." He added, "We hope that through this experience and our expertise as an aerospace company, we can contribute to the successful entry of Korean companies into the Italian market." Hong Jeong-ah, Head of KOTRA Milan Trade Center, emphasized, "Italy is a traditional powerhouse in the aerospace industry, and based on its technological capabilities and market demand, there are many opportunities for cooperation with our companies." She added, "This report will help Korean companies enhance their understanding of the Italian market and concretize technical cooperation and business expansion."
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