South Korea companies urged to invest more in El Salvador, ambassador says
Thursday, September 2, 2010
South Korean firms should strive to expand their businesses in El Salvador, where about 20 are already operating there, said the Salvadoran ambassador in Seoul, Hector Gonzalez Urrutia said.
As of last year, South Korean firms had invested an accumulated total of $54 million, mainly in the textile industry.
South Korea also recently pledged to build a $2-million crime prevention system free of charge to help fight El Salvador's high crime rate, following an agreement between the countries' leaders in June.
Official source: Yonhap News Agency