Creating favourable conditions for South Korean investors

Monday, november 11, 2019 10:48

(QNO) - Deputy Director of the Management Board of the Chu Lai Open Economic Zone (OEZ) Le Vu Thuong received the high-ranking delegation from South Korea led by Chairman of the Special Committee for South Korea’s New Southern Policy Joo Hyung-chul in Chu Lai on November 9.

At the reception
At the reception

At the meeting, Deputy Director thuong briefly introduced his guests the key information about Chu Lai OEZ and the investment of South Korean enterprises here.

Currently, Quang Nam has attracted 50 projects from South Korean with a total investment of more than 510 million USD. 19 of them are in Chu Lai OEZ with more than 70 million USD. South Korean projects in Quang Nam focus on textile and garment, dyeing and auxiliary industries.

Mr. Joo Hyung Chul speaks at the meeting.
Mr. Joo Hyung Chul speaks at the meeting.

Until October 2019, the turnover of South Korean enterprises in Quang Nam was more than 70 million USD and a total export turnover was more than 300 million USD. 8,000 labourers got employment opportunities. Quang Nam including Chu Lai OEZ always creates favourable conditions for foreign enterprises including South Korean enterprises to invest in the locality.

Mr. Joo Hyung Chul (L) and Mr. Le Vu Thuong
Mr. Joo Hyung Chul (L) and Mr. Le Vu Thuong

Mr. Joo Hyung Chul thanked for the thoughtful reception from leader of the Chu Lai OEZ’s Management Board and the support of the Quang Nam People’s Committee for South Korean investors in the province. Mr. Chul pledged to continue to call for South Korean businesses into Quang Nam in general and Chu Lai OEZ in particular.  

 

 

 

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