Jung In-gyo, Head of Trade Division: “Record-breaking Performance for Four Consecutive Years”
“Implementing Economic and Industrial Policies Without Hitches to Focus on Economic Activities and Alleviate Concerns”
The Ministry of Trade, Industry, and Energy shared measures to expand foreign investment in South Korea, such as increasing cash support limits and raising state funding ratios, at the 2025 New Year’s Meeting for Foreign Investment Companies held at the Grand Intercontinental Hotel in Seoul on the 8th. The photo shows the status of foreign direct investments by year. / Ministry of Trade, Industry, and Energy
The government is pushing measures to increase foreign investment in South Korea this year, such as raising cash support limits and increasing state funding ratios.
The Ministry of Trade, Industry, and Energy shared these plans at the 2025 New Year’s Meeting for Foreign Investment Companies held at the Grand Intercontinental Hotel in Seoul on the 8th.
At the event, Jung In-gyo, Head of the Ministry of Trade’s Trade Negotiation Division, expressed gratitude to the foreign investment sector, stating, “Despite uncertain investment environments both domestically and internationally, last year’s foreign direct investment reached $34.6 billion, marking record achievements for four consecutive years.”
He emphasized, “The Korean government is implementing economic and industrial policies without any hitches, with all ministries working closely together to alleviate the concerns of domestic and international investors and businesspeople, allowing them to focus on economic activities.”
In particular, the Ministry plans to enhance foreign investment attraction this year by: △ strengthening incentives for advanced industry investments and activities of regional headquarters and R&D centers, such as increasing cash support limits and raising state funding ratios △ expanding collaboration with relevant ministries to create a global-level foreign investment environment △ appointing international investment cooperation ambassadors to enhance external creditability and bolster foreign investment attraction activities.
Meanwhile, foreign investments in South Korea have reached record highs each year, with $29.51 billion in 2021, $30.45 billion in 2022, $32.71 billion in 2023, and $34.57 billion in 2024.
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