President Park Geun-hye urged business leaders of international companies to expand their investment in Korea during the Korea Night 2014 function in Davos, Switzerland, on January 21 (local time in Switzerland). The president was visiting the city after completing her state visit to Switzerland.

Speaking to nearly 400 business people from around the globe, Park said that Korea is an ideal investment destination. She emphasized that Korea has been transforming itself into a better country in which to do business, while mentioning the recent revision of its Foreign Investment Promotion Act. She introduced the Korean government’s administrative initiative to promote the creative industries and its innovative economic development plans and urged the business people to expand their investments in Korea.



Executives and representatives of global companies participating in the World Economic Forum attended the function. World-famous singer Psy also attended Korea Night 2014, acting as a promotional ambassador for Korea.

By Yoon Sojung
Korea.net Staff Writer
arete@korea.kr