Minister of State for Northern Ireland Steve Baker has today (8 December) visited Invest NI’s new offices in Seoul, South Korea to learn how government funding is boosting Northern Ireland’s profile in the Asia-Pacific region and helping to connect NI businesses to the world
Minister of State for Northern Ireland Steve Baker has today (8 December) visited Invest NI’s new offices in Seoul, South Korea to learn how government funding is boosting Northern Ireland’s profile in the Asia-Pacific region and helping to connect NI businesses to the world.
With £8 million funding from the New Deal for Northern Ireland, Invest NI is expanding Northern Ireland’s presence on the international stage as it supports NI businesses in new locations from Paris to Toronto, as well providing additional trade advisory support in their Belfast offices.
The new overseas roles are seeking out opportunities for potential new international investment into Northern Ireland from international companies and identifying new trade opportunities for NI companies to trade with businesses and suppliers across the globe.
The government funding has helped Invest NI establish a presence in one of the world’s largest economies for the first time, with two new staff based in South Korea. Co-located within the Foreign Commonwealth Development Offices (FCDO) in the British Embassy in Seoul, they will be focusing on developing FDI and Trade opportunities in key sectors such as Food & Drink, Aerospace and Financial & Professional Services. The South Korean expansion brings the total number of staff in the Asia – Pacific region to 23.
Commenting after visiting Invest NI’s offices, Minister of State for Northern Ireland Steve Baker said:
With New Deal funding, Invest NI has also recruited additional staff in Europe, India, Middle East and Africa and other roles in Asia-Pacific. New roles are also planned for America, helping NI businesses to compete in the global market, driving growth and strengthening the Northern Ireland economy.
Commenting on recruitment, Invest NI International and Skills Director Steve Harper said:
Minister Baker met with the Invest NI team, businesses, stakeholders and diaspora during his visit, taking part in a series of meetings and events aimed at promoting Northern Ireland trade and investment as well as fostering bilateral relationships in South Korea and the wider region including exploring the strong ties between the cities Belfast and Sejong, partners in the Innovation Twinning programme.
David Bae, Country Manager for Invest Northern Ireland Seoul office said:
Invest NI are expected to complete recruitment in the remainder of their locations early in the new year as it looks to increase its in-market support for Northern Ireland businesses. This global expansion project will help Invest NI promote Northern Ireland’s economic interests abroad and support Northern Ireland businesses to strengthen the Northern Ireland economy.
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