Governor Son Hak-kyu will visit Tokyo, Japan on July 24, 25 in order to induce investment. This visit is a practical business visit in an effort by the governor himself explaining about the investment environment and showing positive will to assist to make more job positions and overcome the recent difficult economic circumstances by attracting Green Field type(factory construction) up-to-date factories following his visits to the U.S. and Europe in the end of June.

With the aid of successfully inducing the LG-Philips TFT-LCD factory to Gyeonggi Province in the first half of this year, beginning at the second half, by inducing Japanese LCD related up-to-date manufacturers Gyeonggi Province is strategically being reared as the accumulation zone of the display industry such as LCD which is the industrial main force of the nation’s next generation.

With this visit of Governor Son, the decision to invest on Gyeonggi Province is prospected to take a more concrete form because during this visit, they are planning to hold investment conferences with 4 LCD related enterprises, H Corporation is supplying Korea with LCD photo masks, and with a plan of a new 40million dollar scale investment, it is known that Taiwan, China and Poseung Industrial Complex are being scrutinized as targets of factory construction. S Corporation, an LCD production enterprise, has already invested 230million dollars within the Poseung Industrial Complex, and is a currently operating company that will in time be looking for a factory building site to additionally invest 200million dollars in, and N Corporation has already invested 9million dollars in Eoyeon Hansan Industrial Complex and is producing LCD polarized light film, supplying Samsung with the product, and they are talking over the matter of additional investment for insuring factory construction sites.

In addition, this visit of the governor is expected that the effect to attract investment will be great since there are plans to directly negotiate on investment with CEOs of grand scale Japanese corporations that are undergoing examinations to invest in Korea.