[Gyeongju APEC] Prime Minister Kim Meets Citigroup CEO: "Join the 150 Trillion Won National Growth Fund"
Prime Minister Kim Minseok met with Jane Fraser, CEO of Citigroup, who visited Korea on October 31 to attend the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, and asked for her interest in the National Growth Fund, which is valued at 150 trillion won.
Prime Minister Kim Minseok (right) and Jane Fraser, CEO of Citigroup, are shaking hands on the 31st at Gyeongju Arts Center. Office for Government Policy Coordination
View original imageAccording to the Office for Government Policy Coordination, Prime Minister Kim met with CEO Fraser at the Gyeongju Arts Center in the afternoon of the same day and said, "Our government is working to upgrade the entire production structure of the Korean economy based on artificial intelligence (AI) to achieve super-innovation that surpasses competing countries. To this end, we are planning to establish a National Growth Fund worth 150 trillion won."
Prime Minister Kim emphasized, "For the National Growth Fund envisioned by the Korean government and the implementation of large-scale projects through it, participation from global capital is extremely important. If Citibank, which has operated in Korea for a long time and has a deep understanding of the market, takes a leading role, it will create opportunities to expand added value and enhance its status in the region." He requested Citigroup's interest and participation.
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CEO Fraser expressed her pleasure at visiting Gyeongju during the APEC event, saying, "This visit to Korea is even more meaningful as I was able to share Citigroup's vision on international economic issues during the CEO Summit session." She added, "I appreciate the Korean government's economic strategy and vision. Having achieved the Miracle on the Han River, Korea can continue to develop its economy based on global future key industries such as AI and robotics, even amid today's intensifying strategic competition."
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