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K orea B usiness C entre, Johannesburg The Embassy of the Republic of Korea 18th Floor Sandton Office Tower Cnr . Ri

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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K orea B usiness C entre, Johannesburg The Embassy of the Republic of Korea 18th Floor Sandton Office Tower Cnr . Ri

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  1. 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

  2. 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.

  3. 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.

  4. 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$43.34 BILLION (2012 EST) INFLATION 2.2% (2012 EST) PRIME LENDING RATE 5.3% EXCHANGE RATE APPROX 1,077 PER US$

  5. 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)

  6. THANK YOU!

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