[촬영 안철수]
(Seoul = Yonhap News) Reporter Cho Jae-young = As the German company Delivery Hero (DH) acquired the delivery app’People of Delivery’, foreign direct investment (FDI) in Korea in the first quarter of this year was found to have increased significantly.
The Ministry of Trade, Industry and Energy announced on the 5th that the FDI for Korea in the first quarter of this year recorded 4.74 billion dollars as a reporting standard. This is a 44.7% increase from the same period last year.
The actual investment was 42.9% to $4.27 billion, an increase of 42.9%. As of Q1, it is the third record in terms of reported amount and the highest record in terms of arrival amount.
An official from the Ministry of Industry explained, “As investments, which were delayed last year due to the Corona 19 epidemic and repeated re-proliferation, resumed centering on M&A (M&A) investments, both the reported amount and the amount of arrival increased significantly.” Last year’s annual FDI decreased by more than 10% in both reported and arrival amounts.
The increase in FDI in the first quarter of this year is due to the increase in investments related to IT and new industries.
The amount of investment in new industries related to non-face-to-face industries and online platforms increased by 39.2% and 12.2%, respectively, to $2.77 billion on a report basis and $2.35 billion on arrival.
In particular, DH of Germany invested 2.1 billion dollars in the acquisition of Baemin, raising the total investment scale.
Accordingly, the EU investment also increased. EU investment, including the UK, increased by more than 300% each to $3.11 billion on declaration and $2.44 billion on arrival.
The amount of investment in Japan also increased by 91.4% and 133.7%, respectively, to $240 million on a report basis and $200 million on arrival.
On the other hand, the US and Greater China declined. An official from the Ministry of Industry explained, “It seems that the amount of investment in the United States has decreased due to policy uncertainty due to the launch of the new government in the United States.” In the case of Greater China, the base effect worked as Singapore made large-scale domestic investments last year.
The United Nations Conference on Trade and Development (UNCTAD) predicted that the global FDI declined 42% year-on-year to $89 billion last year, and it is expected to decrease by 5-10% this year.
The government predicted that although it is difficult internally and externally due to the uncertainty of Corona 19, intensifying competition for technology hegemony in the US and China, and the tendency to secure domestic-centered supply chains, there is a possibility that domestic FDI will increase due to M&A and new investments following business reorganization after Corona 19.
An official from the Ministry of Industry said, “Even though global FDI is expected to decline this year, Korea showed a rapid recovery from the first quarter and established momentum for rebound.” “We will achieve an annual FDI plus conversion this year through the expansion of cutting-edge investments linked to our industrial policy.” Said.
Unauthorized reproduction-redistribution prohibited>
2021/04/05 11:01 sent