FDI Honeymoon For Lee, But Will Marriage Hold?

April 2008 | Corporate Financing News Alert

Newly-elected President Lee Myung-bak appears to have been accorded a honeymoon by foreign investors with pledged FDI rising by 70% y-o-y to US$2.72bn in Q108. Lee's ambitious growth agenda, involving tax cuts and deregulation, has excited investors both domestically and abroad, but some fear that Lee, a former Hyundai executive, will merely serve the interests of the mighty chaebol domestic conglomerates.

If you would like to subscribe to Corporate Financing Week and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Corporate Financing Week please click on the trial link below.