Korea draws record $2 bil. foreign investment pledges in AI, semiconductors
Korea secured a record $2 billion in foreign investment pledges from seven global companies, primarily in semiconductors, advanced materials and energy industry, as the government seeks to position the country as a key investment destination amid growing demand for artificial intelligence (AI) infrastructure and advanced manufacturing. The Korea Trade-Investment Promotion Agency (KOTRA) said the…
Korea has attracted a record $2 billion in foreign investment pledges from seven major companies, according to the Korea Trade-Investment Promotion Agency (KOTRA). The pledges, announced at the annual Invest Korea Summit 2026, primarily focus on semiconductors, advanced materials, and the energy sector. The summit, jointly hosted by the Ministry of Trade, Industry and Resources, brought together 267 foreign investors and companies, alongside approximately 2,000 business officials from around the globe.
This marks the highest amount of investments secured at the summit in its 22-year history, with about 97 percent of the pledged funds targeted towards regions outside the Seoul metropolitan area. KOTRA President and CEO Kang Kyung-sung attributed the success to global companies' confidence in the Korean economy, highlighting that Korea boasts a robust manufacturing sector and is well-positioned to meet the growing demand for artificial intelligence (AI) infrastructure and advanced manufacturing capabilities.
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