What is the PM system and especially what is the role of PM?

PM (Project Manager) system is one which aims at supporting investment works of foreign investor or foreign-invested company and such a PM may be designated by foreign investor or foreign-invested company.

 

PM is the abbreviation of Project Manager for the investment advancement into Korea, who is an operator mediating between stakeholders and related agencies to implement related projects and providing solutions for problems, is an activity assistant providing materials requested by potential foreign investor and helping new or additional investment activities and performs following works.

– Collection, provision of materials or information requested by foreign investor or foreign-invested company and arrangement of meetings

– Suggestion of comments on foreign investment related support under article 9, 13, 14 and 14-2

– Acting of work support and civil complaints related foreign investment under provisions of article 15 and 17

– Matters related with life settlement support of foreign investor or officers and employees of foreign-invested company including housing lease, introduction of school entrance

– Other works related to the foreign investment