Local firms ink agreements with China’s Jilin worth $3.4B

Home > Business > Industry

print dictionary print

Local firms ink agreements with China’s Jilin worth $3.4B

Korean firms and China’s northern Jilin Province have agreed to engage in joint venture projects worth 3.9 trillion won ($3.4 billion), a local business organization said Monday.

Under the MOU reached in Seoul, 48 Korean companies and 48 Chinese regional government agencies and businesses will form partnerships to move forward on various business projects, the Korea Chamber of Commerce and Industry said.

The two sides will engage in such areas as agriculture, construction, energy, distribution and tourism, Korea’s largest private economic organization said.

Lotte Group, the Korea Software Enterprise Association and HS Machinery have expressed interest in business tie-ups with Jilin.

More in Industry

Majestic flight

Hyundai Motor is new darling of the stock market

Doosan Tower sells for 800 billion won as financial woes continue

Hyundai E&C wins big rail project contract in Philippines

Spud sundaes and ugly apples as retailers rush to help farmers

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now