The economic rise experienced by South Korea in the latter half of the 20th century has stagnated along with a slump in exports. However, to augment its strengths in manufacturing and technology, the country is embracing the tourism industry, with some notable success.
While South Korea's ageing population is causing ripples of concern for the country's politicians, it is providing a boon for its many healthcare companies. This, along with moves to establish South Korea as a key destination for health tourists, is giving both domestic and international investors in the country cause for optimism.
South Korea's taste for Western consumer goods has made the country a key Asian market for companies in this industry from North America and western Europe, as shown by Kimberly Clark's decision to locate a global innovation centre there.
The fDi Report 2016
Most popular content
Crossborder investment monitor
fDi Markets is the only online database tracking crossborder greenfield investment covering all sectors and countries worldwide. It provides real-time monitoring of investment projects, capital investment and job creation with powerful tools to track and profile companies investing overseas.
Corporate location benchmarking tool
fDi Benchmark is the only online tool to benchmark the competitiveness of countries and cities in over 50 sectors. Its comprehensive location data series covers the main cost and quality competitiveness indicators for over 300 locations around the world.
fDi Intelligence provides customised reports and data research which deliver vital business intelligence to corporations, investment promotion agencies, economic development organisations, consulting firms and research institutions.Find out more.