Atlanta: A delegation of South Korean auto parts manufacturers visited Georgia to explore potential investment opportunities as part of an initiative led by the Korea Trade-Investment Promotion Agency (KOTRA). The visit comes amid increasing protectionist trade measures from Washington.
According to Yonhap News Agency, the delegation, organized in collaboration with the Gyeonggi Province government, toured the cities of Atlanta and Savannah over three days, starting Wednesday. The delegation included representatives from ten South Korean auto parts firms. Their itinerary comprised investment seminars, discussions with Georgia state officials, and site visits to existing South Korean manufacturing operations. Among these was the Hyundai Motor Group Metaplant America, which was completed in March.
Georgia has become a significant hub for Korean automakers such as Hyundai Motor Co. and Kia Corp. Their substantial investments in the area have prompted related auto parts suppliers to consider similar moves. A KOTRA official stated, "We will continue to work with both domestic and international partners to help resolve investment challenges and support our companies' global expansion."