Woulfe Mining is proud to be working in South Korea, which is one of the world's fastest growing, high-tech industrialized economies and boasts a culture of innovation, a mining friendly investment code as well as close trade relations with the most important markets in Asia. Asia's fourth-largest economy, South Korea has been a member of the G-20 since 2004.
The country is well governed as evidenced by the ability of the pro-business Myung-bak to cope well with the global financial crisis. In fact, South Korea has pulled out of the crisis ahead of most other countries.
The Asian nation has strong trading partners, including powerhouses China and Japan, and recently signed trade agreements with the European Union.
South Korea is one of the world's leading steel producers and its other main industries are electronics, telecommunication, automobile manufacturing, chemicals, shipbuilding and steel production --- making it a perfect market for the majority of
Woulfe's production with the potential to supply companies such as TaeguTec (80% owned by Warren Buffet's Berkshire Hathaway), POSCO and Korea Zinc.
Other factors contributing to South Korea's resource investment appeal include:
- Moody's A1 credit rating
- Large foreign investment
- 15th largest economy in the world
- 7th largest exporting country in the world
- Major Korean success stories include:
Samsung, Hyundai, Kia, LG,
independent nuclear power generation,
world's largest ship builder,
POSCO.
- https://www.woulfemining.com/s/WhySouthKorea.asp