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Thứ 5, Ngày 23/05/2024, 16:00
South Korean businesses explore investment opportunities in Binh Duong Province
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23/05/2024
PORTAL - On the morning of May 22, at the Binh Duong Provincial Administrative Center, Mr. Vo Van Minh - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee (PPC) received and worked with the delegation of Kyeryong Construction Industry Co., Ltd. (South Korea), led by Mr. Oh Tae Sik - Chairman and CEO of the Company, to visit and explore investment opportunities in Binh Duong.

​At the reception, Chairman of the PPC Vo Van Minh said that currently, South Korea is the 5th largest investment capital country out of 65 countries and territories that have investment projects in Binh Duong, with about 800 projects and a total investment capital of nearly 3,4 billion USD. South Korean enterprises operate mainly in the fields of supporting products for the automobile industry, healthcare, pharmaceuticals, cosmetics, food processing, textile and garment products, footwear, etc.

Over the past few years, KOCHAM Binh Duong has operated very effectively. They have connected, introduced, and promoted the image and investment environment of Binh Duong to numerous Korean businesses.

 

Chairman of the PPC Vo Van Minh received Mr. Oh Tae Sik - Chairman and CEO of Kyeryong Construction Industry Co., Ltd.

The Chairman of the PPC expressed his joy when welcoming Kyeryong Construction Industry Co., Ltd. It is a potential enterprise from the Daejeon Metropolitan City (South Korea), which is one of the localities that has had a deep cooperative relationship with Binh Duong province for many years. The Binh Duong provincial government would continue to pay attention and create the most favorable conditions for investors in general, including Korean businesses, to invest in Binh Duong in the near future.

Mr. Oh Tae Sik expressed his impression when visiting and witnessing the dynamic development of Binh Duong province.

He said, Kyeryong Construction Industry Co., Ltd. was established in 1978 in Daejeon Metropolitan City, Chungcheong Province, South Korea. The company is implementing technology research and development, creating certain successes with patents on new construction technology. It has also received many architectural awards in South Korea with many unique and artistic works. In 2023, the Company's total revenue reached 2,2 billion USD and ranked 18th in the construction industry in South Korea.

 

Chairman of the PPC Vo Van Minh presented a souvenir to Mr. Oh Tae Sik.

After researching and visiting Binh Duong, he felt that Binh Duong is a locality wit​h an open investment environment and a synchronously invested and modern infrastructure system. Besides, the province is also located in the Southern Key Economic Region, bordering Dong Nai Province and Ho Chi Minh City, which is convenient for trading and transporting imported and exported goods. He is very interested and wishes to invest in Binh Duong soon.

 

The delegates took a group photo.

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