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Korea Sees Serbia As One Of The Most Important Investment Destinations

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The Republic of Korea recognizes Serbia as one of the most important investment destinations in Europe and is ready to continue investing in our country by opening new factories, as well as working on joint projects with Serbian companies in the spheres of energy, information and communication technologies, e-mobility and food industry, is the conclusion of the Third Investment Forum “Korea – Western Balkans” in Belgrade.

“Serbia is one of the best investment destinations in Europe because of the incentives provided by the state, infrastructure and excellent workforce,” said Director of the Korea Trade and Investment Promotion Agency Kisang Hwang.

At the forum organized by this agency with the Embassy of Korea in Belgrade, the Chamber of Commerce of Serbia and the Korean National Information Agency, he stated that through the participation of representatives of the institutions and businesses of Serbia and Montenegro, as well as Korean companies, an even better connection of the economies of these countries is expected.

Third Investment Forum “Korea – Western Balkans” in Belgrade, Photo: Chamber of Commerce of Serbia

On this occasion, H.E. Jaewoong Lee, the ambassador of the Republic of Korea in Serbia, presented data according to which Korean companies in our country employ about 10,000 people, mostly in the field of the automotive industry, and that in the coming period the goal is to increase trade between the two countries and open new Korean factories in Serbia.

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H.E. Jaewoong LEE, Ambassador Of Korea To Serbia

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“Our idea is to additionally represent Serbia as an investment destination, and for as many Korean companies as possible to open their representative offices in your country in the future,” said ambassador Jaewoong .

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