[THE INVESTOR] A two-day Foreign Investment Week to attract investors has opened on Sept. 28 in Seoul.

FIW, the biggest government-led investment relation events in the country, includes business forums, person-to-person consulting sessions and on-site visiting, with 291 foreign firms attending, according to the Ministry of Trade, Industry and Energy.

Some 70 Chinese investors are participating in the event, up from last year‘s 34, on the back of the free trade deal between Seoul and Beijing that took effect in December last year.

The ministry said this year’s FIW focuses on the new generation industries including renewable energy, information technology convergence and bio-health, as the South Korean government has been making efforts to foster the sectors as new growth engines.

(theinvestor@heraldcorp.com)