New FDI pledges in South Korea hit record high in first nine months

By Park Sae-jin Posted : October 4, 2016, 13:49 Updated : October 4, 2016, 13:49

[Yonhap News Photo]


New foreign direct investment pledged to South Korea hit a record high of 15.05 billion US dollars in the first nine months of this year despite market uncertainties such as corporation restructuring at a home and a global economic slowdown, data showed Tuesday.

The nine-month tally was up 13.4 percent from $13.27 billion a year earlier, according to the Ministry of Trade, Industry and Energy. For the third quarter alone, new FDI pledges were up 2.1 percent on-year to $4.49 billion.

By region, new foreign direct investment (FDI) from the European Union stood at $5.32 billion in the first nine months, up 195 percent on year. US investors pledged a total of $3.07 billion while new FDI pledges from China rose to $1.66 billion from $550 million.

Aju News Lim Chang-won = cwlim34@ajunews.com

 
기사 이미지 확대 보기
닫기