Choi Sang-mok said, "We are concerned about shrinking investment plans in the political situation...Active support for corporate investment"

2024.12.19 AM 01:03
Deputy Prime Minister and Minister of Strategy and Finance Choi Sang-mok said he will actively support Korean companies to continue their investment without wavering, saying there is a risk that their investment plans may shrink due to the recent domestic political situation.

Deputy Prime Minister Choi made the remarks at the "Economic Relations Ministerial Meeting and the Second Investment Promotion Ministerial Meeting" at the Seoul Government Complex yesterday (18th).

Deputy Prime Minister Choi said that the growing uncertainty surrounding the Korean economy is causing a sense of crisis in the industry, stressing that the breakthrough to overcome internal and external challenges is ultimately corporate investment.

He added that in order to survive the global industrial war, we need to develop cutting-edge technologies and have facilities to produce enough products.

He also said he will actively support companies and local governments to continue their investment activities as originally planned by implementing measures without a hitch, adding that he will come up with measures to make public construction costs a reality and supplement construction investment as soon as possible.


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