NEW YORK -
Internationally-focused investors, executives,
financial and service professionals, venture
capitalists, journalists and other interested
individuals are invited to attend the first Korea
Investment Forum. Information concerning the
program agenda, complementary registration and
other details can be accessed here.
This event
is being organized by the Korean Ministry of
Commerce, Industry and Energy (MOCIE), the Korea
Trade-Investment Promotion Agency (KOTRA) and
Invest Korea. It will feature presentations by
MOCIE Minister Sye-Kyun Chung,
Federation of Korean Trade
Unions (FKTU) president Yong-Deuk Lee, American
Chamber of Commerce in Korea president Tami
Overby, and representatives from the Korea
Electronics Technology Institute, Korea Bio
Venture Association, and Korea Core Industrial
Technology Investment Association.
The
meeting will be held without charge on June 28,
2006, from 11:30am-2:00pm in the Holmes Room at
the New York Palace Hotel, located at 455 Madison
Avenue in New York City. Preference will be given
to investors and executives who are active in
technology, telecom, biotech, financial and
business services, venture capital, private equity
and other relevant sectors. Advance registration
is encouraged and advised.
Supporting
organizations for this event include the Asia
Society, Korea Society, Business Council for
International Understanding, US-Korea Business
Council and the Manhattan Chamber of Commerce.
Supporting publications include Asia Times Online,
EE Times, Electronics Supply & Manufacturing,
fDi Magazine and The KWR International Advisor.
In recent years, the Republic of Korea has
introduced numerous new economic policies and
regulatory changes. Substantial progress has been
achieved and Korea now possesses a far more
diverse and open economy with more foreign
involvement and investment than ever before.
Businesses and investors around the world are
increasingly aware of Korea’s technological
prowess, its strategic location and the underlying
attractiveness of its domestic economy.
US
firms and investors seeking to learn more about
recent developments - and how they can benefit
from the changes now under way - are urged to meet
with the visiting delegation of Korean business
and government leaders who will be traveling to
New York later this month.
"We look
forward to briefing corporate and financial
investors on recent trends and the many promising
business and investment opportunities that are now
emerging in Korea," noted Mr Sye-Kyun Chung,
minister of Korea’s Ministry of Commerce, Industry
and Energy. "The US remains Korea’s second largest
trading partner and our agenda will include
discussion of the Free Trade Agreement that is now
being negotiated between the US and Korea, and how
it promises to benefit consumers and businesses in
our two nations.”
"As Korea shifts from
manufacturing to a technology- and
service-oriented economy and opens itself up to
foreign investment, its labor practices are
rapidly changing," commented Federation of Korean
Trade Unions (FKTU) president Yong-Deuk Lee. "With
this forum, I wish to familiarize executives and
investors with these changes, the underlying
attractiveness of the Korean workforce and how
they would benefit from an expanded presence in
the Korean market.”
“US firms including
General Electric, Citigroup, Proctor & Gamble
and many other companies - large and small - have
been achieving tremendous success in Korea, not
only in terms of the country’s ability to produce
world-class products, but also in respect to its
increasingly attractive domestic market,” stated
Ms Tami Overby, president of the American Chamber
of Commerce in Korea. “This event will provide an
overview of the Korean economy, potential
opportunities, market entry strategies and notable
success stories. It will also allow for one-on-one
meetings with prominent business and government
leaders across a wide range of industries and
sectors.”
To register to attend the
Korea Investment Forum, or to obtain more
information, please click here or contact kiforum@kwrintl.com
