SEOUL, KOREA - Korea’s 16 majorcompanies, including Samsung Electronics and Hyundai Motor, plan to carry out28.4 trillion won worth of investment projects from the second half of thisyear to next year.
The Ministry of Trade,Industry, and Energy held a meeting with CEOs of the nation’s 16 majorcompanies at JW Marriott Hotel in Seoul’s Gangnam on October 6.
During the meeting,presided by the Minister Yoon Sang-Jik, the ministry encouraged the companiesto actively carry out their investment plans as scheduled or ahead of schedule.
Yoon said, “Thegovernment is going all-out to boost the economy. We are striving to remove thestumbling blocks that have prevented companies from making investment. Topromote corporate investment, we also organized a one-on-one support team forthese companies.”
Among the 16 companiesare Hyundai Motor, Samsung Electronics, Samsung Display, Samsung Total, LGElectronics, LG Chem, LG Display, GS Caltex, SK Energy, SK Global Chemical, SKHynix, POSCO, GM Korea, Daewoo Shipbuilding & Marine Engineering, S-Oil,and Korea Electric Power Corp.
