TRADE & INVESTMENT [COMPLETE] 2020.02.04 ~ 2020.02.06
The ASEAN-Korea Centre dispatched an Investment and Market Research Mission to Manila from 4 to 6 February. Its program included industrial visits and investment promotion forum on contents industry in the Philippines. Through the program, Korean delegation gained the latest information and potential business opportunities in the market.
Korean delegation visited Synergy88, Toon City, GameOps and Definite Studios on 4 February 2020, which are leading companies in animation and game development sectors in the Philippines. All four companies introduced possible partnership opportunities and encouraged Korean delegates to participate in their current contents-related projects.
On 6 February, Investment Promotion Forum was held at Fairmont Makati Hotel, Manila. H.E. Abdulgani M. Macatoman, Undersecretary of Department of Trade and Industry, H.E. Rowel S. Barba, Undersecretary of Department of Trade and Industry, H.E. Han Dong-man, Ambassador of the ROK to the Philippines, Noe A. Wong, Ambassador of the Philippines to ROK, and H.E. Lee Hyuk, Secretary General of the ASEAN-Korea Centre attended the Forum. During the Forum, speakers from the Philippines’ governments and private sector presented on Contents Industry, current development projects in the country and possible areas for cooperation with Korean businesspeople.
After the forum, a Memorandum of Understanding (MoU) was signed between Korea Animation Producers Association and Animation Council of the Philippines Inc., and the Korean delegation discussed specific ways to cooperate with local companies in a 1: 1 business meeting.