DGFEZ Hosts Investment Promotion Session with Australian Chamber of Commerce in Korea... Pledges to Exchange Investment Information

The Daegu-Gyeongbuk Free Economic Zone Authority (hereinafter referred to as DGFEZ, Acting Commissioner Kang Sanggi) held an investment promotion IR session on April 3, inviting Jaco Zwetsloot, Representative of the Australian Chamber of Commerce in Korea, and two other executives and staff members.

This investment promotion IR was organized to attract more Australian-invested companies to the Daegu-Gyeongbuk Free Economic Zone. Both organizations agreed to cooperate in the future by exchanging investment information, facilitating personnel exchanges, and holding joint events.

Employees of the Australian Chamber of Commerce in Korea (left) are visiting the Daegu-Gyeongbuk Free Economic Zone Authority to discuss mutual cooperation agendas such as exchanging investment information.

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As of 2024, there are approximately 360 Australian-invested companies operating in Korea (cumulative), with a total reported investment of 6 billion dollars (cumulative). The main fields of Australian investment include finance, green energy, biotechnology, IT, and automotive parts, which are closely related to the core strategic industries that DGFEZ is actively fostering.

During the IR session, DGFEZ provided an overview of the local investment environment and then visited Daegu Gyeongbuk Institute of Science and Technology (DGIST) to introduce ongoing international joint R&D and industry-academia cooperation. The event concluded with a tour of related facilities.

Kang Sanggi, Acting Commissioner of DGFEZ, stated, "Foreign chambers of commerce in Korea serve as a bridge between DGFEZ and global companies," adding, "We will continue to strengthen strategic cooperation with chambers of commerce from various countries to further promote foreign investment."

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