Pyeongtaek City-KGIDI "India-UAE Market Development Team Achieves $12.41 Million Consultation Performance"

10 Companies in the District Participate in 123 Consultations
City Supports Market Research, Buyer Coordination, and Interpretation Fees

Pyeongtaek City in Gyeonggi Province announced on the 7th that, in collaboration with the Southern Regional Center of the Gyeonggi-do Economic Science Promotion Agency, it dispatched a market development delegation to Mumbai, India, and Dubai, United Arab Emirates (UAE) from the 21st to the 27th of last month, achieving 123 consultations and $12.41 million in consultation results.

The Pyeongtaek City Market Development Team is taking a commemorative photo with local officials in Mumbai, India.
[Photo by Pyeongtaek City]

The market development delegation included a total of 10 companies: ▲Oscar Co., Ltd. ▲Metapolar Aroma Co., Ltd. ▲Philcocos Pharm ▲BLS Co., Ltd. ▲Ecomment Co., Ltd. ▲Agricultural Corporation Dream Food One Co., Ltd. ▲KST Co., Ltd. ▲Daekwang Staver Co., Ltd. ▲Solgo Biomedical Co., Ltd. ▲Rock Co., Ltd.

The participating companies promoted excellent products with market potential locally, including architectural aluminum skylouvers, skin boosters, cosmetics, edible salt, soap, seaweed for gimbap and tteokbokki snacks, cleanroom construction and laboratory equipment, shampoo bars, continuous vertical transfer lifters, hydrogen water generators, vegan curry, and jjajang powder. The city explained that eight memorandums of understanding (MOUs) were also signed through consultations.

This market development delegation dispatch was part of the 'Export Capacity Support Project,' which provides one-on-one mentoring by export experts and support for export sample production costs to companies lacking overseas marketing capabilities. The city supported all operating expenses for the market development delegation, including local market research, buyer recruitment and one-on-one consultation arrangements, and interpretation fees for consultations.

Jung Jang-seon, mayor of Pyeongtaek City, said, "We will do our best to revitalize the economy by creating a business-friendly city through support that helps overcome the economic crisis via exports."

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