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, primarily focused on semiconductors, advanced materials, and energy sector. The Korea Trade-Investment Promotion Agency (KOTRA) announced these commitments at its annual Invest Korea Summit 2026, a three-day investment promotion event co-hosted by the Ministry of Trade, Industry and Resources.
The event, which took place in Seoul, gathered 267 foreign investors and businesses alongside approximately 2,000 global business officials. With 97 percent of the pledged funds targeting regions outside the Seoul metropolitan area, these investments highlight global companies' confidence in Korea's economy. KOTRA President and CEO Kang Kyung-sung attributed this surge to the country's robust manufacturing capabilities and growing demand for AI infrastructure and advanced manufacturing.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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