FDI Surpasses $20 Billion for 5th Straight Year

  • Arirang News

    December 10, 2019 08:36

    Foreign direct investment into Korea has surpassed US$20 billion for five years in a row.

    The Ministry of Trade, Industry and Energy said on Monday that Korea has attracted $20.3 billion in FDI so far this year. Last year's FDI reached a record $26.9 billion.

    The ministry said foreign investors have a favorable view of the Korean market despite weak investment sentiment globally.

    It added that investment this year focused on high-tech products and high-end consumer goods including beauty and food products.

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