The Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) held the 2026 first-half workshop on attracting foreign investment for local governments and related agencies in Seoul on April 24, 2026. The event brought together around 200 officials responsible for foreign investment promotion from local governments and related institutions.

The event was held to share region-led, industry-policy-aligned approaches to attracting strategic foreign investment, particularly from global leading companies that can support the government’s strategy to cluster and upgrade advanced industries. It also aimed to help local governments apply these approaches to their own regional investment strategies.

The workshop is expected to provide practical support for attracting foreign investment by sharing real-world cases of foreign-invested companies connecting with regional industries and local talent, along with the key factors that shape investment decisions by global companies.

Through its 2026 foreign investment promotion measures, MOTIR plans to strengthen policy support for the government’s regional strategic projects under the Five Mega-Regions and Three Special Self-Governing Provinces initiative, including expanded regional incentives and regulatory improvements. To this end, MOTIR, local governments and related institutions will work as one team to provide hands-on support for attracting foreign-invested companies.

Nam Myung-woo, Director General for Cross-Border Investment Policy at MOTIR, said, “It is important that regional economies also benefit from the positive momentum of last year’s record-high USD 36.1 billion in foreign direct investment. We will work to attract promising companies strategically and significantly strengthen incentives for investment outside the capital region to support regional growth.”