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Kotra President Kang Kyung-sung visited Lam Research Korea to strengthen foreign direct investment.
Korea's foreign direct investment hit a record $34.57 billion in 2024, driven by robust ties with major economies, though realized investments plummeted.
Over 70% of surveyed Korean companies may delay or cancel U.S. investments if promised incentives are withdrawn after the upcoming elections.
The January-March period posted a new record of foreign direct investment pledges, although realized investments halved on year.
Foreign investment pledges in Korea hit a record of $37.2 billion in 2023, up 7.5 percent on year, showed data from the Ministry of Trade, Industry and Energy on Thursday.
Foreign direct investment (FDI) pledges to Korea rose 11.3 percent on-year during the first nine months of this year to reach an all-time high on growing investment in chips, batteries and other advanced sectors, the industry ministry said Wednesday.
Foreign direct investment (FDI) pledges to Korea rose 54.2 percent on year to $17.09 billion in the first half of this year, hitting an all-time high for any first half, government data showed Tuesday.
Investment in manufacturing was $7.8 billion, a 152 percent increase year-on-year. Foreign direct investment in services fell 11.5 percent to $12.7 billion.
Despite the Covid-19 pandemic, foreign direct investment in the first quarter of this year saw a significant increase, adding to growing anticipation of a robust economic recovery.
Foreign direct investment (FDI) hit a six-year low in 2020 as the world battled the pandemic.
Korea JoongAng Daily Sitemap