Gyeongnam Business Revival 'Investment Attraction Advisory Committee' to Begin Activities on the 25th

Directly Under the Governor, Composed of 17 Experts

Gyeongnam Provincial Government. / Photo by Se-ryeong Lee ryeong@

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] The Gyeongsangnam-do Investment Attraction Advisory Committee will take its first step starting with a meeting to be held in Seoul on the 25th.

On the 1st, Gyeongnam Province announced that it has completed the formation of the Investment Attraction Advisory Committee as the first step toward realizing a dynamic regional economy through revitalizing investment attraction, one of the top priorities of the 8th term of the elected government.

The Investment Attraction Advisory Committee is a committee directly under the governor, composed of about 17 members including experts from corporate and investment-related institutions.

Former Deloitte Anjin Accounting Firm Chairman Lee Jae-sul, along with former and current CEOs and executives from major companies such as SK, Lotte, GS Construction, LG Electronics, CJ, Doosan Heavy Industries, BNK, IBK, and financial experts, will participate and serve a two-year term.

The advisory committee plans to hold a strategic discussion session on the investment environment of Gyeongnam's industries and the revitalization of investment attraction by large corporations on the 25th.

The meetings will be held regularly every quarter and additionally as needed. The committee will engage in activities such as ▲advising on the establishment and realization of investment attraction strategies ▲reviewing projects of potential investment companies ▲gathering investment information from large corporations and foreign-invested companies ▲discovering investment companies in the metropolitan area and promoting investment attraction.

Prior to the committee's formation, Governor Park Wan-su emphasized, “The key to economic recovery and job creation lies in attracting companies and investments,” and added, “Let us make Gyeongnam a business-friendly and investment-friendly province by prioritizing investment attraction in provincial administration.”

Accordingly, Gyeongnam Province has accelerated the establishment of a dedicated investment attraction organization by placing the Investment Attraction Division directly under the Deputy Governor for Economic Affairs in this organizational restructuring, and is also considering converting the existing Gyeongnam Economic Promotion Agency into an Investment Attraction Promotion Agency.

Governor Park expressed gratitude to all executives of leading companies and institutions who will work together with the Investment Attraction Advisory Committee for Gyeongnam's development, stating, “We will do our best to quickly grasp corporate investment information based on the members’ experience, ideas, and networks, and to connect it to actual investment attraction.”

This content was produced with the assistance of AI translation services.