“I am very optimistic about the geography and geographical advantages of the Donghu Lake District. I hope to make it a residential area for South Korean investors and even foreign investors in Wuhan within 5 years.†On May 16, 2011, the South Korean Consul General in Wuhan, Yan Jicheng, visited the Dongxihu District of Wuhan City and stated that he was preparing to establish a Korean-owned industrial park and the first international school for automobile parts and components in Wuhan.
On April 27, 2011, the South Korean Consul General in Wuhan Yan Jicheng proposed to Wuhan Mayor Tang Liangzhi to establish a South Korea Industrial Park in Wuhan. He stated that the South Korean Consulate General will work hard to assist Wuhan to introduce large-scale Korean enterprises with a value of over 1 billion U.S. dollars and introduce South Korean top 100 companies, mainly auto parts and accessories enterprises, and South Korean outstanding companies that have invested in the coastal areas of China, in Wuhan. Establish a Korean-funded enterprise gathering area.
After many inspections, Yan Jicheng believes that the location of Dongxihu District in Wuhan has obvious advantages in transportation, good ecological environment, and great room for development. He hopes to establish a Hanzi Auto Parts Industrial Park and a new energy vehicle research center in Dongxihu Lake. At the same time, it is intended to create an international school together with the district government to attract more overseas investors.
Wu Puliu, secretary of the Dongxihu District Committee of Wuhan City, said that the automotive parts and components industry is a key development industry in Dongxihu District, which is also consistent with the idea of ​​creating a strong industrial zone in Wuhan. It will vigorously support the development of Korean-funded enterprises to seek cooperation projects and provide services.
According to reports, from June 8 to 10, the Hubei Provincial Government, the Wuhan Municipal People's Government, the Korean Embassy in China, and the South Korean Consulate General in Wuhan will jointly organize the “South Korea Week†event in Wuhan. The Korean Ministry of Knowledge Economy and other institutions will then participate. Many Korean companies will be organized to visit and negotiate.
At present, Korean businessmen have set up more than 80 foreign-funded enterprises in Wuhan and 6 permanent representative offices with a total investment of nearly 300 million U.S. dollars. The investment fields include petrochemicals, machinery, aviation, new materials, and electronics.
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