According to the International Monetary Fund, the GDP per capita in Korea was $ 20,591 as of 2010. In the last years, the country's industrial progress in the international market has been remarkable in almost all fronts, particularly in shipbuilding, electronics, automotive, semiconductor, and the construction of nuclear power plants.

In 2008, Korea received more than half of all new construction orders in the world market, and many other Korean companies became category leaders worldwide.

The country is now the fifth largest car manufacturer, and the world market shares of the largest groups in the country, including Samsung, LG and Hyundai, have increased rapidly.

The foreign direct investment (FDI) is an integral part of the Korean economy. The number of foreign-invested companies in Korea has increased exponentially in the last decade more or less. In 1997 the figure was less than 2,000, but reached 14,000 as of 2010.

The foreign direct investment received by Korea in 2010 has amounted to 13.1 billion U.S. dollars, up from 11.5 billion dollars in 2009.

Korea's strategic position in East Asia is a key factor in attracting foreign direct investment, taking into consideration that the East Asian region is the home with to two thirds of the world's population that produces a fifth of the world's goods, and exhibits some of the highest economic growth rates in the world.


Spain, a bridge to Latin America

mapa espana latinoamericaSpain has invested heavily in Latin America. During the last few decades, its companies have become some of the biggest investors in the continent, making Spain the most important investor in the region immediately after the United States. In addition, Spain has always been essential in the relations between Europe and Latin America.

For that reason, the Chamber will make one of its most important core activities the creation of a commercial and cultural links...