'Short Business Trip to Australia After 20 Years'... Kim Dong-yeon "Fivefold Increase in Korean Investment Last Year"

Gyeonggi Province Governor Kim Dong-yeon’s post and photo uploaded on his social media service (SNS) on the 30th

Kim Dong-yeon, Governor of Gyeonggi Province, expressed his happiness over securing investment commitments worth 5.3 trillion KRW during his brief two-day business trip to Australia.

Before returning on the 30th at Sydney Airport, Governor Kim said, "I am leaving after completing everything. We received investment intention commitments worth 5.3 trillion KRW," adding, "I am pleased to have achieved results far exceeding the original plan."

He especially noted, "Fortunately, the heavy rain that poured like a waterfall during the trip stopped each time according to the schedule, earning me the amusing nickname 'weather fairy.' This was my first trip to Australia in 20 years since working at the World Bank," he recalled.

He continued, "Having completed the tight two-day schedule, I am now at Sydney Airport just before boarding the flight home," adding, "After an 11-hour flight, I will arrive in Korea this evening Korean time. I look forward to seeing you soon."

Governor Kim had earlier secured investment intentions totaling 5.3 trillion KRW from Australian companies in the fields of energy transition and circular economy utilizing waste. Inmark Global and SPR, which initially planned to invest 1 trillion KRW, expressed strong support for Gyeonggi Province’s climate response policies and announced an additional investment intention of 4.3 trillion KRW.

Governor Kim explained, "This is the result of directly confirming Gyeonggi Province’s strong policy commitment to decarbonization and climate change response," adding, "Considering that South Korea’s investment from Australia in 2022 was about 200 billion KRW, the initially promised 1 trillion KRW is five times the average annual Australian investment in Korea."

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