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K orea B usiness C entre, Johannesburg The Embassy of the Republic of Korea 18th Floor Sandton Office Tower Cnr . Rivonia & 5th Street. Sandton TEL +27 11 784 2940 | FAX +27 11 784 2983 www.zakotra.kotra.or.kr | www.kotra.or.kr. Main Activities. Growing of new export companies,

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Korea Business Centre, Johannesburg

The Embassy of the Republic of Korea

18th Floor Sandton Office Tower

Cnr. Rivonia & 5th Street. Sandton

TEL +27 11 784 2940 | FAX +27 11 784 2983

www.zakotra.kotra.or.kr | www.kotra.or.kr


Main activities
Main Activities

  • Growing of new export companies,

  • Global corporation partnership business,

  • Creation of new future markets and new business areas,

  • Growing of new export companies,

  • Infrastructural support to strengthen the global competitiveness,

  • Assisting foreign companies in forming trade relations.


Korea s interest in joint co operation with naacam and members
Korea’s interest in joint co-operation with NAACAM and members

  • To enhance company to company relationships,

  • Exchange and transfer of technology,

  • Forming of Joint Ventures,

  • Part investment,

  • Acquiring of new technologies and new capital machinery,

  • Trade missions and one-on-one meetings during exhibitions.


Korea important data
KOREA – IMPORTANT DATA

POPULATION 49 MILLION

COUNTRY SIZE 99,720 SQ KM (SMALLER THAN FREE STATE PROVINCE)

GDP US$1.114 TRILLION (2012 EST)

GDP PER CAPITA US$31,900 (2012 EST)

UNEMPLOYMENT RATE 3.2% (2012 EST)

TOTAL EXPORTS US$552.7 BILLION (2012 EST)

TOTAL IMPORTS US$514.2 BILLION (2012 EST)

CURRENT ACC BALANCE US$43.34 BILLION (2012 EST)

INFLATION 2.2% (2012 EST)

PRIME LENDING RATE 5.3%

EXCHANGE RATE APPROX 1,077 PER US$


Korea automotive industry
KOREA – AUTOMOTIVE INDUSTRY

VEHICLE PRODUCTION 2,283,884 (FIRST 6 MONTHS 2013)

(5 TH LARGEST AFTER CHINA; USA ; JAPAN AND GERMANY)

SOUTH AFRICA 24 TH PLACE WITH 228,224 VEHICLES (FIRST 6 MONTHS 2013)

EMPLOYMENT IN 2011 270,000 JOBS

EMPLOYMENT IN 2013 1.4 MILLION JOBS (7% OF THE COUNTRY’S WORKFORCE)



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