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Reasons to Invest


Reasons to Invest

HOME > WHY SEOUL > Reasons to Invest
  • State-of-the-art Infrastructure : IT

    South Korea is holding on to first place in major international indices related to the information and communication technology (ICT) industry. It is possible to access high-speed wireless Internet from anywhere in the country thanks to the cutting-edge infrastructure, and free wi-fi is also available.

  • Highly-educated Workforce

    Many global companies point to excellent human resources as a reason for their investments in South Korea. In fact, 65% of Koreans between the ages of 25 and 34 have college degrees, and this is much higher than the OECD average of 40%.

  • Hot Spot for Test-bed

    47.3% of the total South Korean population live in Seoul and its surrounding Gyeonggi area. This highly integrated and sophisticated consumer market wields strong purchasing power, and Koreans are keenly interested in new products and technologies. The exchange of market information takes place quickly thanks to Internet developments. For this reason, global companies such as Microsoft, eBay, Siemens, and P&G are showing a lot of interest in South Korea as a test-bed for new products and services.

  • Gateway to World Main Markets

    East Asian Pacific region, including Korea, is growing rapidly as the region accounts for 45% of the international economic growth and 25% of the world GDP. Taking its central position, Seoul is forming a huge consumer market where there are 393 million people and more than 30 cities with a population of over 5 million people within a three hour’s flight. (*Source: World Bank East Asia Pacific Economic Update April)

    Korea and China have been economically, culturally, geographically close for thousands of years.
    Korea is China’s #1 import market(USD 179.3bn, 2013), followed by Japan, Taiwan, and the US.

  • Global FTA Network

    South Korea is an international trade leader. The 52 nations with which Korea has signed free trade agreements (FTA) represent 73% of the global GDP.

  • Macroeconomic Soundness

    In raising the credit rating of South Korea, Moody’s pointed out that its growth rates, financial health, and abilities in structural reform are superior to those in other developed countries

  • Booming Startups

    Thanks to the central government’s support policy for SMEs and ventures, venture investment and fund raising peaked in 2015, recording KRW 2,085.8 billion and KRW 2,626.0 billion, respectively. Accordingly, the number of ventures sharply increased from 8,798 in 2000 to 31,260 at the end of 2015.

    Top Funded Korean Startups

    Total Funding Investors

     

     

     

    USD 1,4bn Sequoia Capital, Softbank, Cross Creek Advisors

     

     

     

    USD 110Mn Tencent, Line

     

     

     

    USD 100+Mn Formation 8

     

     

     

    USD 36Mn Goldman Sachs

     

     

     

    USD 32Mn Sparklabs Global Ventures, Y Combinator, Fenox Venture Capital

     

     

     

    USD 26Mn Company K, Stone Bridge management

     

     

     

    USD 20Mn Premier partners, Softbank ventures Korea, Hanhwa investments

     

     

     

    USD 18Mn Bain Capital

     

     

     

    * Source : TechinAsia, as of June 2015

  • The World’s Top Companies Choose Seoul

  • State-of-the-art Infrastructure : IT

    South Korea is holding on to first place in major international indices related to the information and communication technology (ICT) industry. It is possible to access high-speed wireless Internet from anywhere in the country thanks to the cutting-edge infrastructure, and free wi-fi is also available.

  • Highly-educated Workforce

    Many global companies point to excellent human resources as a reason for their investments in South Korea. In fact, 65% of Koreans between the ages of 25 and 34 have college degrees, and this is much higher than the OECD average of 40%.

  • Hot Spot for Test-bed

    47.3% of the total South Korean population live in Seoul and its surrounding Gyeonggi area. This highly integrated and sophisticated consumer market wields strong purchasing power, and Koreans are keenly interested in new products and technologies. The exchange of market information takes place quickly thanks to Internet developments. For this reason, global companies such as Microsoft, eBay, Siemens, and P&G are showing a lot of interest in South Korea as a test-bed for new products and services.

  • Gateway to World Main Markets

    East Asian Pacific region, including Korea, is growing rapidly as the region accounts for 45% of the international economic growth and 25% of the world GDP. Taking its central position, Seoul is forming a huge consumer market where there are 393 million people and more than 30 cities with a population of over 5 million people within a three hour’s flight. (*Source: World Bank East Asia Pacific Economic Update April)

    Korea and China have been economically, culturally, geographically close for thousands of years.
    Korea is China’s #1 import market(USD 179.3bn, 2013), followed by Japan, Taiwan, and the US.

  • Global FTA Network

    South Korea is an international trade leader. The 52 nations with which Korea has signed free trade agreements (FTA) represent 73% of the global GDP.

  • Macroeconomic Soundness

    In raising the credit rating of South Korea, Moody’s pointed out that its growth rates, financial health, and abilities in structural reform are superior to those in other developed countries

  • Booming Startups

    Thanks to the central government’s support policy for SMEs and ventures, venture investment and fund raising peaked in 2015, recording KRW 2,085.8 billion and KRW 2,626.0 billion, respectively. Accordingly, the number of ventures sharply increased from 8,798 in 2000 to 31,260 at the end of 2015.

    Top Funded Korean Startups

    Total Funding Investors

     

     

     

    USD 1,4bn Sequoia Capital, Softbank, Cross Creek Advisors

     

     

     

    USD 110Mn Tencent, Line

     

     

     

    USD 100+Mn Formation 8

     

     

     

    USD 36Mn Goldman Sachs

     

     

     

    USD 32Mn Sparklabs Global Ventures, Y Combinator, Fenox Venture Capital

     

     

     

    USD 26Mn Company K, Stone Bridge management

     

     

     

    USD 20Mn Premier partners, Softbank ventures Korea, Hanhwa investments

     

     

     

    USD 18Mn Bain Capital

     

     

     

    * Source : TechinAsia, as of June 2015

  • The World’s Top Companies Choose Seoul