High technology encourages foreign investment in Korea



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July 4, 2018, 15:59 Seoul, July 4 (PL) High-tech industries are among the most attractive for foreign direct investment (FDI) in South Korea, which provides rates high in 2018 Data from the Ministry of Commerce, Industry and Energy, released Wednesday, indicate that the country has received pledges of new FDI for $ 15,750 million during the first half of l & # 39; year. Technology companies and emerging sectors at the national level support investor behavior during the first six months of the year, according to the agency.

According to the report, FDI proposals during the first half of 2018 an interannual increase of 64.2%, while the actual investment of foreign companies in this period added more than nine thousand $ 400 million, for an increase of 76.4%.

Despite the possible negative impact of trade disputes between the United States and China, the reduction of corporate tax on US territory and the increase in the type of FDI in the Commerce portfolio, the promises of FDI denote confidence in the South Korean economy. interest of the central bank (Federal Reserve).

The FDI intentions of the European Union more than doubled, to 4 thousand 570 million, during the first six months of the year, mainly due to According to the source, US companies are looking for the badociation and the acquisition of shares in the high-tech industries and start-ups of the sector, which has promised about three billion dollars during the first half.

While the new FDI raised by China at They added 350 percent to the sum of two thousand and 200 million dollars, the entity said.

jf / mjm

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