The Korea Society joined forces with the Korea Trade-Investment Promotion Agency (KOTRA) to present a panel discussion on investment opportunities in South Korea at the Intercontinental Hotel in New York. The overarching message of this investors' roundtable was that South Korea is the right place for foreign investment. The keynote speaker for this program was Lee Hee-Beom, South Korea's minister of industry, commerce and energy, who showcased his government's recent efforts to attract foreign dollars to the country. Lee touted the subsidies available for high tech developers and plans to build a network of high quality schools for foreign students, as well as the system of cash grants the government pays out to investors who create jobs in Korea. "We will make your investment in Korea work for you," Lee assured the audience. The panelists were Yong-Deuk Lee, president, Federation of Korean Trade Unions; Alan Timblick, head, Invest Korea; and Wayne Chumley, chairman, American Chamber of Commerce in Korea. After their presentations, the panelists fielded questions from an audience of prospective investors.

with 

Lee Hee-Beom
South Korea's Minister of Industry, Commerce and Energy

Young-Deuk Lee
President, Federation of Korean Trade Unions

Alan Timblick
Head, Invest Korea

Wayne Chumley
Chairman, American Chamber of Commerce in Korea

Wednesday, May 18, 2005