South Korea Investment Drive
5 articles from 1 country
South Korean President Lee Jae-myung is spearheading an 896 trillion won investment drive in the southwestern Honam region. Ministers praise the president's engagement with business leaders, framing the investments as a historic moment. The administration defends against claims of regional discrimination, arguing current investments are a small fraction of historical needs and that the region's underdevelopment presents an advantage.
President Lee Pledges Personal Oversight for 896 Trillion Won Southwestern Investment
- President Lee Jae-myung personally visited Gwangju to reassure stakeholders about the planned 896 trillion won investment in the southwestern region, including a semiconductor cluster. - Lee emphasized that the site selection for these major projects was based on economic principles and addressed concerns about regional favoritism, stating the investment is crucial for balanced national growth. …
Minister praises president's bow, asks for Jeonbuk investment
- Unification Minister Jeong Dong-man praised President Lee Jae-myung's
Minister praises President's '90-degree bow,' urges Jeonbuk investment
- Unification Minister Chung Dong-young praised President Lee Jae-myung's "90-degree bow" to business leaders, calling it a historic moment for South Korea. - Chung requested increased investment in t…
Lee: Honam investments are 'drop in the bucket' compared to history, region's underdevelopment is now an advantage
- President Lee Jae-myung stated that while investments in the Honam region are currently high, they are insignificant compared to historical cumulative investments. - He emphasized that the new mega …
Lee: 'Regional discrimination' claims on Honam investment ignore historical context
- South Korean President Lee Jae-myung defended a new semiconductor complex in the Honam region, stating historical investment disparities make current investments appear small. - Lee argued the proje…
