The Gyeonggi Provincial Government made an investment presentation to reporters representing 31 media outlets and to 17 major investors on November 3rd, and concurrently signed an agreement with Ardentec of Taiwan to build a semiconductor test center in the province.

– The Gyeonggi Provincial Government invited foreign G20 reporters to the Ramada Plaza Hotel in Suwon on November 3rd and made an investment presentation through which it publicized the province’s geographic and economic strengths as well as its West Coast development projects. © G-News Plus

The Gyeonggi Provincial Government invited foreign G20 reporters to the Ramada Plaza Hotel in Suwon on November 3rd and made an investment presentation through which it publicized the province¢®?s geographic and economic strengths as well as its West Coast development project.

The meeting was attended by foreign reporters and business people who were participating in KOTRA’s “Foreign Investment Week 2010.” The 36 reporters represented such media outlets as France’s La Tribune, China’s China Daily and Japan’s Yomiuri and NHK, while the business people represented major semiconductor, display and LED companies.

Of particular note, Rob Everett, director of the Innovation Center of Kimberly-Clark, a foreign-invested company located in Yongin City, explained the investment climate of Gyeonggi Province and introduced cases in which administrative agencies fully supported foreign investors, which engaged the attention of participants.

– On the same day the Gyeonggi Provincial Government signed an investment agreement equivalent to USD 40 million with Ardentec, a Taiwanese semiconductor tester, at the Ramada Plaza Hotel in Suwon City. © G News Plus

On the same day the Gyeonggi Provincial Government signed an investment agreement equivalent to USD 40 million with Ardentec, a Taiwanese semiconductor tester, in the Suwon Ramada Plaza Hotel. Ardentec the world’s tenth largest provider of semiconductor testing solutions, agreed to build a semiconductor test center in Gyeonggi Province.

The provincial government expects that Ardentec’s investment will generate approximately 100 new jobs and enable domestic semiconductor companies to test wafers within the province without seeking assistance overseas. Accordingly, the time and expense for testing are expected to be reduced dramatically.

After signing the agreement, Gyeonggi Province Governor Kim Moon-Soo said that he is dedicated to supporting the corporate activities of Ardentec and asked it to create jobs for youth and to contribute to the local economy.

© G-News Plus News / Lee Dong-Ryoul yeory@kg21.net Original Text: http://gnews.gg.go.kr/news/news_detail.asp?number=201011041044038871C052&s_code=C052