"Let's Achieve a Great Comeback"…Kim Byung-joon of FKI Requests Member Companies' Cooperation for Busan Expo Bid

Dispatch of Letter on the 21st

The Federation of Korean Industries (FKI) announced on the 21st that Acting Chairman Kim Byung-joon sent a letter to member companies requesting cooperation to attract the '2030 Busan World Expo.'

In the letter sent on the day, four months before the host city selection vote, Acting Chairman Kim said, "If we succeed in hosting this Expo, it is expected to bring about an economic benefit of approximately 60 trillion won and create 500,000 jobs," adding, "It will greatly contribute to elevating South Korea's national prestige and firmly establishing it as one of the major G8 countries."

Kim Byung-joon, former chairman of the Federation of Korean Industries. Photo by Dong-joo Yoon doso7@

However, he emphasized, "There are strong competitors, and since we entered the bidding late, it is difficult to guarantee success," adding, "We must mobilize all the resources we have until the final four months to achieve a dramatic turnaround."

He stated, "Companies are the greatest resource and supporters in attracting this Expo," and urged, "I ask all executives and employees of member companies to actively lend their support so that even one more country can vote in favor of our nation in the host city selection vote."

He continued, "From the 1988 Seoul Olympics, the 2002 Korea-Japan World Cup, to the 2018 Pyeongchang Winter Olympics, our companies and businesspeople have been at the forefront of hosting national events," and said, "I hope our companies, together with the government and the people, unite as one team to achieve a beautiful outcome that the nation will remember forever in Busan."

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