South Korea s Industry Minister Lee Chang-yang met with top executives of Germany s Merck Life Science and Switzerland-based Novartis on Thursday in Davos, Switzerland, to discuss their potential investment in South Korea worth $500 million combined, his office said.
Korea has attracted a $300 million (371 billion won) investment from Vestas, a Danish wind turbine manufacturer, the industry ministry said Wednesday. The government also seeks to bring in a combined $500 million in investments from Merck Life Science and Novartis, two major Europe-based global health and biopharmaceutical players.
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