GH Signs MOU for Global Business Cooperation with the Korean American Chamber of Commerce Association in the US

Kim Se-yong, President of Gyeonggi Housing and Urban Corporation (left), is taking a commemorative photo after signing an MOU with the Federation of Korean-American Chambers of Commerce on the 10th (local time).

Gyeonggi Housing and Urban Corporation (GH) is promoting mutual cooperation with the Federation of Korean-American Chambers of Commerce in the U.S. to support startups (venture companies) in the province in expanding overseas, including the United States.

On the 10th (local time), GH announced on the 11th that it signed a memorandum of understanding (MOU) with the Federation of Korean-American Chambers of Commerce at the Las Vegas Convention Center in Nevada, USA, to connect startup ecosystems.

The Federation of Korean-American Chambers of Commerce is a pan-American federation composed of 80 regional Korean-American chambers of commerce, representing 1.5 million Korean-American businesspeople. In particular, based on its nationwide network in the U.S., it carries out various projects such as creating jobs for Korean-American businesspeople and assisting domestic startups in entering the U.S. market.

According to the agreement between the two organizations, they will cooperate in various fields including exchange and cooperation to support the global expansion of startups and small and medium-sized enterprises in the province, connecting companies in the Americas region for investment attraction in Gyeonggi Province, providing information on industry trends and business activities, and other mutually recognized necessary matters.

GH is gradually expanding its support scope from its existing business of leasing space to companies to software sectors including support programs for global expansion.

In particular, GH is also operating the ‘GH Base Camp’ to attract global investment so that startups that have established a growth base in Pangyo Techno Valley can enter Silicon Valley.

Kim Se-yong, President of GH, said, "For innovative growth of companies, it is effective to combine various support measures such as funding and investment programs along with providing space," adding, "We hope that the agreement with the Federation of Korean-American Chambers of Commerce, which has various networks in the U.S., will serve as a catalyst for startups in Gyeonggi Province to enter the U.S. and other global markets."

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