○ The Gyeonggi Free Economic Zone Authority is undertaking investment attraction activities through online networking that targets related Korean and international organizations and associations.
– Foreign chambers of commerce, foreign business associations, foreign diplomatic missions, overseas sister regions, Gyeonggi Business Centers, and more
– Domestic chambers of commerce, trade associations, industry associations, economic groups in Gyeonggi, potential investing companies, and more

○ Gyeonggi Free Economic Zone Authority to maximize promotional effects through customized online investment briefings and investor relations (IR)

The Gyeonggi Free Economic Zone Authority (GGFEZ), seeking the overcome difficulties with face-to-face investment consultations and investment attraction briefings due to the prolonged impact of COVID-19, is strengthening its online investment attraction activities by targeting various related Korean and international organizations and associations .

Online investment attraction targets include chambers of commerce, trade associations, industry associations, economic groups in the province, and potential investing companies as well as foreign chambers of commerce, foreign business associations, foreign embassies, overseas sister regions, and Gyeonggi Business Centers (GBCs).

In order to provide customized investment attraction services, GGFEZ is actively promoting the benefits of the Gyeonggi Free Economic Zone in English and Chinese while discussing cooperation plans to attract investment.

On August 2, GGFEZ held online investment attraction consultations with Company A in Singapore and Company B in Hong Kong through which it introduced the locational advantages of the Siheung Baegot District and incentives. The companies that participated in the consultations shared their business plans for Korea and discussed possible methods of cooperation.

On August 26, GGFEZ will introduce the strengths, features, and investor benefits of the Poseung, Hyeondeok, and Baegot districts to European companies in connection with the “Economic Outlook for the Second Half of the Year 2021,” an event hosted by the Korean-German Chamber of Commerce and Industry. Following the event, GGFEZ will hold an online investment attraction consultation session with the American Chamber of Commerce in Korea. In early September, it will also hold an online consultation session with US-based Company C, which is currently reviewing investment in the Poseung District, a development zone in Pyeongtaek City. GGFEZ plans to continue its investment attraction activities until the end of the year with Gyeonggi Business Centers and the Korea Foreign Company Association.

“Although we could be downsizing our investment attraction activities during this period due to the extended impact of COVID-19, we are seeking breakthroughs by continuing our investment attraction activities online. We will continue to develop a new and innovative paradigm of investment attraction in order to adapt to the age of COVID-19,” said Kim Gyu-sik, Vice Commissioner of GGFEZ.