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In Primorye, plan to create a Korean industrial park

On the sidelines of the Fifth Eastern Economic Forum, the Far East Investment Promotion and Export Support Agency, the Korea Trade and Investment Agency (KOTRA) and the Korea Land and Using Corporation (EH) signed a memorandum of understanding for cooperation in the creation and development of the Korean industrial park in Primorsky edge. 

“Under the agreement, the Agency plans to support EH in the search for potential Korean investors, help in promoting the project, support small and medium Korean enterprises operating in the Far East,” said Leonid Petukhov, Director General of ANO IPA. 

KOTRA will actively promote EH by organizing investor relations and attracting companies interested in locating production in an industrial park. 

It should be noted that in the territories of advanced development and the free port of Vladivostok, 11 projects are being implemented with the participation of investments from South Korea worth 123 million US dollars. These are projects for the deep processing of fish products, the construction of hotels, the production of household chemicals and others. 

 

Information provided by the press service of the Far East Investment Promotion and Export Support Agency

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