LOGO 20070707 Cho Hye Min 20070720 Yi Ji Soo Foreign Investment
May 25, 2015
LOGO
20070707 Cho Hye Min20070720 Yi Ji Soo
Foreign Investment Foreign Investment
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Definition
Foreign Investment
For a host country or the foreign firm which receives the investment, it can provide a source of new technologies, capital, processes, products, organizational technologies and management skills, and as such can provide a strong impetus to economic development.
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Why important in Korea?
Avoiding foreign government pressure for local production.
1
Making the move from domestic export sales to a locally-based national sales office.
3
Circumventing trade barriers, hidden and otherwise. 2
Capability to increase total production capacity. 4
Opportunities for co-production, joint ventures with local partners, joint marketing arrangements, licensing, etc.5
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Article
26 November 2008
As part of an ambitious three-year plan to attract Russian investors, Seoul will grant them a five-year corporate and income tax exemption and remove customs duties on capital goods for three years.
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Present condition and Estimate 2009
Present Present conditioncondition
EstimateEstimate in 2009in 2009
January. 8, 2008 Foreign investment decreased for the third consecutive year to slightly above $10 billion in 2007.
An estimate to attract more than $12 billion in foreign investment this year.