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KOTRA Dannang visited and worked with DEZA

In the morning of October 8th, delegation of The Korea Trade Investment Promotion Agency in Da Nang (KOTRA Dangnang) led by Mr. Sungnyung Lee – KOTRA Director in Da Nang visited and worked with Dung Quat Economic Zone and Quang Ngai Industrial Parks Authority (DEZA). From DEZA, Mr. Le Han Phong and Mr. Dam Minh Le, Vice Chairmen and representatives of relevant departments presented at the meeting.

The meeting’s scene.

At the meeting, Mr. Sungnyung Lee said that in order to timely enhance support for Vietnamese and Korean businesses, KOTRA officially moved their office in Singapore to Hanoi from 01/8/2018. Specifically, the agency also opened an office in Da Nang in November 2018.

Aiming to boost the investment and trade promotion activities of South Korean firms in the central region of Vietnam, and in Dung Quat Economic Zones and Quang Ngai Industrial Parks in particular, In the coming time, KOTRA Da Nang will effectively introduce and attract Korean investors to Dung Quat EZ and Quang Ngai IPs; fowards sustainable economic development between the two countries.

Mr. Le Han Phong introduced to the delegation on the planning of Dung Quat EZ and Quang Ngai IPs.

Speaking at the meeting, Mr. Le Han Phong – DEZA’s Vice Chairman introduced some potentials, comparative advantages as well as mechanisms for attracting investments in Dung Quat EZ and Quang Ngai IPs. At the same time, information on areas calling for investment from Korean enterprises such as: petrochemical, chemical industry; metal production and steel processing; footwear, textiles; industrial park infrastructure, automobile production, automobile parts, electronic components, telephone, etc are also mentioned.

Mr. Phong emphasized that South Korea has been one of the largest investors in Dung Quat Economic Zone and Quang Ngai Industrial Parks, 14 Korean investors are investing here. On behalf of DEZA, Mr. Le Han Phong expects KOTRA will be a bridge to call for Korean investors seeking investments in Dung Quat EZ and Quang Ngai IPs.

DEZA’s Leaders and representative of KOTRA Dannang .

KOTRA is a state-funded trade and investment promotion organization operated by the Government of South Korea. KOTRA was established in 1962 as a national trade promotion organization. Since then, it has facilitated Korea’s rapid export-led economic development through various trade promotion activities such as overseas market surveys. Up to now, KOTRA has 126 offices in 85 countries around the world. In Vietnam, KOTRA has established representative offices in Ho Chi Minh City (1992), Representative Office in Hanoi (1996) and Korea Business Support Center in Vietnam (2007) . These offices are very effective in supporting Korean business studying about the Vietnamese market and vice versa.

By T.Giang

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