The South Korean government again called on the country’s large businesses Tuesday to boost their investment and create more jobs.
The call came at a special meeting between Minister of Trade, Industry and Energy Yoon Sang-jick and chief planning officers of the country’s top 30 conglomerates, according to ministry officials.
In the meeting, held at a Seoul hotel, Yoon stressed the need to boost investment as a way of revitalizing the economy and creating new jobs.
“(The minister) again stressed the government’s firm determination to help boost investment,” the ministry said in a press release.
To this end, Yoon also urged the parliament to quickly act to pass pending government bills that are designed to help boost investment by private firms, it added.
Tuesday’s meeting was also attended by vice ministers and other seniors officials from the finance, environment and transportation ministries, as well as the Fair Trade Commission.
In an earlier meeting with the minister of trade, industry and energy, the top 30 businesses had pledged to invest a combined total of 155 trillion won ($146 billion), creating 140,000 new jobs this year alone. (Yonhap News)
