Daegu-Gyeongbuk Free Economic Zone Authority

Vol.22_ Newsletter - Government delegation of Malaysia visits Daegu-Gyeongbuk F

2022-10-20 11:17:47

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Government delegation of Malaysia visits Daegu-Gyeongbuk Free Economic Zone Authority

5 local government delegations including director Ms Zabidah Daud from the Malaysian Investment Development Authority(MIDA) visited Daegu-Gyeongbuk Free Economic Zone Authority(DGFEZ) on July 22 to establish a benchmark and networking ground for investment attraction of DGFEZ.

The event started off with introducing of the development of the free economic zone and DGFEZ which was afterwards followed by time for networking.

After the meeting, the delegation toured Daegu Gyeongbuk Institute of Science and Technology and Daegu National Science Museum which are the main facilities in Daegu Technopolis district with an explanation of DGFEZ’s industrial complex composition and the development status. Through the industrial inspection, the delegation could understand the development and investment process of DGFEZ even deeper.

The Malaysian government delegations showed a strong will to develop new joint projects to attract mutual investment and pioneer the market through cooperation and beneficial exchanges between companies in the Malaysian industrial complex and that of DGFEZ.

Choi Sam Ryong, the commissioner of DGFEZ, mentioned that “it was the first time that delegation this large has visited the authority since Covid-19 and I’m very pleased that business cooperation with regions in the Southeast Asia which was promoted before has resumed. We will make every effort to have active communication and cooperation with the Malaysian government institutes to aid local companies to advance to the Southeast Asia and endeavor continuously to promote marketing activities to attract Malaysian government operated funds to be invested in local companies.