[THE INVESTOR] New foreign direct investment pledged to South Korea rose to a record high in the first nine months of the year, according to the government on Oct. 4

Fresh FDI committed to the country during the first nine months came to US$15.05 billion, up 13.4 percent from US$13.27 billion a year earlier, according to the Ministry of Trade, Industry and Energy.

It marked the largest amount of FDI pledged in history for a nine-month period, surpassing the earlier record of US$14.8 billion tallied over the same period in 2014.

For the third quarter alone, new FDI pledges also gained 2.1 percent on-year to a fresh record high of US$4.49 billion, the ministry added.

The amount of new FDI arriving here, however, tumbled 40.2 percent on-year to US$6.68 billion over the cited period due to a one-off factor.


(theinvestor@heraldcorp.com)